A Regression Analysis Between Sales (In $1000)and Advertising (In $100)resulted $\hat { Y }$

question 44

True/False

A regression analysis between sales (in $1000)and advertising (in $100)resulted in the following least squares line: $\hat { Y }$
= 84 +7X.This implies that if there is no advertising,then the predicted amount of sales (in dollars)is $84,000.

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