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Regression Analysis Was Applied Between Sales (In $10,000) and Advertising y^\hat { y }

question 67

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Regression analysis was applied between sales (in $10,000) and advertising (in $100) and the following regression function was obtained. y^\hat { y } = 50 + 8x

Based on the above estimated regression line, if advertising is $1000, then the point estimate for sales (in dollars) is


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