Regression Analysis Was Applied Between Sales (In $10,000)and Advertising (In

question 118

Multiple Choice

Regression analysis was applied between sales (in $10,000) and advertising (in $100) and the following regression function was obtained.



= 50 + 8 X
Based on the above estimated regression line if advertising is $1,000,then the point estimate for sales (in dollars) is

• A)$8,050
• B)$130
• C)$130,000
• D)$1,300,000

Describe the criteria necessary for establishing causality in research.

Distinguish between different types of associations (time-ordered, causal, spurious) in research findings.

Evaluate the appropriateness of research methods based on the study’s goal, advantages, and disadvantages.

Understand ethical considerations in conducting research, including privacy, anonymity, and consent.

---

Definitions:

Unsecured Loan

A loan given without requiring collateral from the borrower.

Underinvestment

The situation where a company or individual invests less than is optimal, potentially leading to lower returns or growth than possible.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Liquidated

The process of converting assets into cash or paying off a debt by selling assets, often related to the winding down or closing of a business.