Regression Analysis Was Applied Between Sales (In $1000s) and Advertising $\hat { y }$

question 8

Multiple Choice

Regression analysis was applied between sales (in $1000s) and advertising (in $100s) , and the following regression function was obtained. ? $\hat { y }$ = 500 + 4x
?
Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is _____.

• A) $900
• B) $900,000
• C) $40,500
• D) $505,000

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Definitions:

Freudian Theory

A psychological framework developed by Sigmund Freud that emphasizes unconscious motivations and conflicts as driving human behavior and personality development.

Life-giving Instinct

An innate or natural drive in living beings to reproduce or engage in behaviors that sustain life or promote well-being and survival.

Thanatos

In psychoanalytic theory, it represents the death drive, postulated by Freud as a basic human instinct oriented toward self-destruction and destructiveness.

Eros

In Freudian theory, the constructive, life-giving instinct.