The Equation for a Simple Linear Regression That Saw Sales

question 32

Multiple Choice

The equation for a simple linear regression that saw sales averaging $225,000 over the last ten periods,and advertising budgets averaging $3,000 over the last 10 periods is:
Y = 3250 + 120x
This indicates that a $1 increase in advertising will increase sales by:

• A)$3370
• B)$250
• C)$120
• D)$1875

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Definitions:

Mucous Membrane

Thin sheet consisting of epithelium and connective tissue (lamina propria) that lines cavities that open to the outside of the body; many contain mucous glands that secrete mucus.

Cutaneous Membrane

Another term for the skin, the body's largest organ, which serves as a protective barrier against environmental hazards and pathogens.

Clotting Proteins

Essential proteins in the blood that work together to prevent excessive bleeding by forming a clot.

Inflammatory Response

The body's defense mechanism against infection or injury that includes redness, heat, swelling, and pain in the affected area.