Data Were Collected on Monthly Sales Revenues (In $1,000s) and Monthly

question 17

Multiple Choice

Data were collected on monthly sales revenues (in $1,000s) and monthly advertising expenditures ($100s) for a sample of drug stores.The regression line relating revenues (Y) to advertising expenditure (X) is estimated to be
) The predicted sales revenue for a month in which $1,000 was spent on advertising is ______________ .

• A)$50,000
• B)$851.70
• C)$8,951.70
• D)$41,700
• E)$90,000

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Definitions:

Influential

Having the power to affect or change someone's choices, behavior, or perceptions, often through authority, personality, or knowledge.

Multiple Roles

The concept of individuals juggling numerous responsibilities and identities, such as employee, parent, spouse, and community member.

Life Role

A set of expectations or responsibilities associated with an individual's position within their personal, social, or work life.

Growth Stage

A phase in career development focused on self-awareness and understanding of the world of work, typically occurring in childhood and adolescence.