Question: Regression analysis was applied between $ sales (y) and $ advertising (x) across all the branches of a major international corporation. The following regression function

Regression analysis was applied between $ sales (y) and $ advertising (x) across all the branches

of a major international corporation. The following regression function was obtained.

y = 5000 + 7.25x

If the advertising budgets of two branches of the corporation differ by $30,000, then what will be

the predicted difference in their sales?

  • A.$217,500
  • B.$222,500
  • C.$5,000
  • D.$7.25

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