Exhibit 12-4
Regression Analysis Was Applied Between Sales Data Y $\hat { Y }$

question 34

Multiple Choice

Exhibit 12-4
Regression analysis was applied between sales data Y in $1,000s) and advertising data x in $100s) and the following information was obtained.
= 12 + 1.8 x
$\hat { Y }$ n = 17
SSR = 225
SSE = 75
Sb₁ = 0.2683
-Refer to Exhibit 12-4. Based on the above estimated regression equation, if advertising is $3,000, then the point estimate for sales in dollars) is

• A) $66,000
• B) $5,412
• C) $66
• D) $17,400

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Definitions:

Calm Employees

Workers who maintain a relaxed and stress-free demeanor in the workplace, contributing to a tranquil work environment.

Enthusiastic

Characterized by or displaying intense and eager enjoyment, interest, or approval.

Mundane Activity

Routine or ordinary tasks that are part of daily life, often perceived as boring or dull.

Relationship Management

The strategies and techniques used to maintain and improve interactions with clients, customers, and stakeholders.