Question: Please help! Thanks! The fitted regression is Sales = 926 - 34.3 Price. (a-1) If Price = 1, what is the prediction for Sales? (Round

Please help! Thanks! The fitted regression is Sales = 926 -

Please help! Thanks!

The fitted regression is Sales = 926 - 34.3 Price. (a-1) If Price = 1, what is the prediction for Sales? (Round your answer to 1 decimal place.) Sales (a-2) Choose the correct statement. An increase in price increases sales. A decrease in price decreases sales. An increase in price decreases sales. (b) If Price = 24, what is the prediction for Sales? (Round your answer to the nearest whole number.) Sales (c) Choose the right option. The intercept is meaningful as sales will be maximized when price is zero. The intercept is not meaningful as a zero price is both unrealistic and unobserved

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