Question: Simple linear regression analysis was applied between sales (y in $1,000) and advertising (x in $100), and the following regression function was obtained: y^=12+1.8x. The

Simple linear regression analysis was applied between sales (y in $1,000) and advertising (x in $100), and the following regression function was obtained: y^=12+1.8x. The following results for advertising of $500 were obtained based on the estimated regression line. Match the results (a) $16,000 to $26,000 (b) $21,000 (c) $19,500 to $22,500 to the correct descriptions (1) point estimate for sales in dollars (2) prediction interval for an individual value of sales in dollars (c) confidence interval for the mean value of sales in dollars

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