Question: Based on the regression output below, where intercept is sales. If the company considers spending 1000 on facebook advertisement, how much do you think the

Based on the regression output below, where intercept is sales. If the company considers spending 1000 on facebook advertisement, how much do you think the sales may change, between what range?

Based on the regression output below, where intercept is sales. If the

SUMMARY OUTPUT Regression Statistics Multiple R 0.422637813 R Square 0.178622721 Adjusted R Square 0.170873879 Standard Error 207682.1432 Observations 108 ANOVA df SS MS F Significance F Regression 1 9.94256E+11 9.94256E+11 23.0515366 5.20218E-06 Residual 106 4.57198E+12 43131872609 Total 107 5.56623E+12 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 145937.9643 22583.30755 6.462205062 3.21858E-09 101164.3606 190711.5681 101164.3606 190711.5681 facebook 160.8328669 33.49846164 4.801201579 5.20218E-06 94.41890861 227.2468253 94.41890861 227.2468253

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