Question: answer quickley i will give you like 2). A regression analysis between sales (in $1000 ) and price (in dollars) resulted in the following equation:

answer quickley i will give you like
 answer quickley i will give you like 2). A regression analysis

2). A regression analysis between sales (in $1000 ) and price (in dollars) resulted in the following equation: Y=50,0008X The above equation implies that an a. decrease of $1 in price is associated with a decrease of $8,000 in sales b. increase of $8 in price is associated with an increase of $8,000 in sales c. increase of $1 in price is associated with a decrease of $42,000 in sales d. increase of $1 in price is associated with a decrease of $8,000 in sales e. decrease of $1 in price is associated with a decrease of $49,992 in sales 3). Comment on the following time series

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