Question: Kim K . asks you to develop a demand forecast for her perfume line. Using the data provided, you find a regression model, y =

Kim K. asks you to develop a demand forecast for her perfume line. Using the data provided, you find a regression model, y =4+3.36x1+5x2, with the undernoted parameters.
Kim asks "would a unit increase in Consumer Income (x1) result in an increase of 3.36 units in Demand (y), on average?" please pick the correct answer from the provided options.
Parameters: R2=0.89
Sig of F: 0.03
p-value of x1=0.05
p-value of x2=0.04
x1 denotes Consumer Income
x2 denotes Advertising
y denotes Demand

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