Question: regression analysis between input(X indollars) and output(Y in$100) resulted in the following equation Y= 100+ 7 X The above equation implies that an A. increase

regression analysis between input(X indollars) and output(Y in$100) resulted in the following equation

Y= 100+ 7 X

The above equation implies that an

A.

increase of$1 in advertising is associated with an increase of$800 in sales

B.

increase of$1 in advertising is associated with an increase of$7 in sales

C.

increase of$7 in advertising is associated with an increase of$100 in sales

D.

increase of$1 in advertising is associated with an increase of$700 in sales

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