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A Regression Model Between Sales (Y in $1000), Unit Price

question 101

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A regression model between sales (y in $1000) , unit price (x1 in dollars) , and television advertisement (x2 in dollars) resulted in the following function: ​ A regression model between sales (y in $1000) , unit price (x<sub>1</sub> in dollars) , and television advertisement (x<sub>2</sub> in dollars)  resulted in the following function: ​   = 8 - 4x<sub>1</sub> + 5x<sub>2</sub> ​ For this model, SSR = 3500, SSE = 1500, and the sample size is 20.The coefficient of x<sub>2 </sub>indicates that if television advertisement is increased by $1 (holding the unit price constant) , sales are expected to A)  increase by $5. B)  increase by $20,000. C)  increase by $5000. D)  decrease by $4000. = 8 - 4x1 + 5x2

For this model, SSR = 3500, SSE = 1500, and the sample size is 20.The coefficient of x2 indicates that if television advertisement is increased by $1 (holding the unit price constant) , sales are expected to


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