Question: Regression analysis was applied between Y = demand for a product, and X = the price of the product (in dollars) The following estimated regression

 Regression analysis was applied between Y = demand for a product,

Regression analysis was applied between Y = demand for a product, and X = the price of the product (in dollars) The following estimated regression equation was obtained Y = 120 - 10X. Based on the above estimated regression equation, if price is increased by 2 dollars, then demand is expected to increase by 120 units increase by 100 units increase by 20 units O decease by 20 units

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