Question: If you create a regression model for predicting the sales ($ million) from money spent on advertising the prior month ($ thousand), is the slope

If you create a regression model for predicting the sales ($ million) from money spent on advertising the prior month ($ thousand), is the slope most likely to be closer to 0.03, 300, or 3000? Explain.

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It is logical that the slope would reflect increased sales from an increase in advertising It ... View full answer

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