Question: 9.Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained. Y= 12 +

9.Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained. Y= 12 + 1.8 x

n = 17

SSR = 225

SSE = 75

S_b1= 0.2683

Based on the above estimated regression equation, if advertising is $3,000, then the point estimate for sales (in dollars) is

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