Regression Analysis Was Applied Between Sales (In $1,000) and Advertising

question 76

Multiple Choice

Regression analysis was applied between sales (in $1,000) and advertising (in $100) , and the following regression function was obtained.  80  6.2x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is

• A)$62,080
• B)$142,000
• C)$700
• D)$700,000

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions towards social interactions.

Introversion

A personality trait where individuals are more focused on internal thoughts and feelings rather than seeking external stimulation.

Shadow

A concept in psychology representing the unconscious aspects of the personality that the conscious ego does not recognize in itself.

Talking Cure

Sigmund Freud’s term for the treatment of hysteria by talking in therapy sessions.