Question: Regression analysis was applied between sales data ( y in $1000s) and advertising data ( x in $100s) and the following information was obtained. =

Regression analysis was applied between sales data (y in $1000s) and advertising data (x in $100s) and the following information was obtained.

= 12+ 1.8x

n = 17

SSR = 225

SSE = 75

sb1 = .2683

Based on the above estimated regression equation, if advertising is $3000, then the point estimate for sales (in dollars) is

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