Question: A company has run a linear regression analysis between advertising budget (in $1,000) and Sales (in $10,000). They have a regression line of y =

A company has run a linear regression analysis between advertising budget (in $1,000) and Sales (in $10,000). They have a regression line of y = 13.2+7.8x. If they spend $7,000 on advertising next year, what would be the predicted sales? (Answer in dollars, rounded to two decimal places, do not include the $.Pay attention to units!)

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