Regression Analysis Was Applied Between Sales (In $1000) and Advertising

question 83

Multiple Choice

Regression analysis was applied between sales (in $1000) and advertising (in $100) and the following regression function was obtained. ​ = 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:

Node of Ranvier

A gap in the myelin sheath of a nerve fiber that facilitates rapid conduction of nerve impulses along the axon through saltatory conduction.

Convergence

The process or phenomenon where two or more separate species evolve similar traits independently, often due to similar environmental pressures.

Divergence

The process by which two or more related species become more different over time, often due to different environments or lifestyles.

Neural Circuit

A functional group of neurons, typically consisting of one or more afferent neurons, one or more interneurons, and one or more efferent neurons.