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

question 58

Multiple Choice

A regression model between sales (y in $1000) , unit price (x₁ in dollars) , and television advertisement (x₂ in dollars) resulted in the following function: ​ = 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

• A) increase by $5.
• B) increase by $20,000.
• C) increase by $5000.
• D) decrease by $4000.

---

Definitions:

Antisocial Personality Disorder

A psychological condition marked by a persistent tendency to ignore or infringe upon the rights of others over an extended period.

Frustration Tolerance

The individual's capacity to withstand frustration without developing maladaptive behaviors or emotional responses.

Impetuously

Acting or done quickly and without thought or care; moving forcefully or rapidly in an unrestrained manner.

Social Functioning

The ability or capacity of an individual to interact effectively in social settings and fulfill societal roles.