Given the following Multiple linear regression sales (in $1000) and price (in dollars) the below equation implies that an Sales 5000 8 (Price) 7 25 (Advertising) Increase of $1 in advertisement is associated with an increase of $7250 in sales Increase of $1 in advertisement is associated with an decrease of $7 25 in sales Increase of $7 5 in advertisement is associated with an increase of $1 in sales Increase of $1 in advertisement is associated with an increase of $7 25 in sales

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Question: Given the following Multiple linear regression [sales (in $1000) and price (in dollars)]: the below equation implies that an Sales = 5000 - 8 (Price)

Given the following Multiple linear regression [sales (in $1000) and price (in dollars)]: the below equation implies that an Sales = 5000 - 8 (Price) +7.25 (Advertising)

Increase of $1 in advertisement is associated with an increase of $7250 in sales
Increase of $1 in advertisement is associated with an decrease of $7. 25 in sales
Increase of $7.5 in advertisement is associated with an increase of $1 in sales
Increase of $1 in advertisement is associated with an increase of $7.25 in sales

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