Question: Time left 0:42:11 Given the following Multiple linear regression [sales and advertising (in $1000) and price (in dollars)]: The below equation implies that an: Sales

 Time left 0:42:11 Given the following Multiple linear regression [sales and

Time left 0:42:11 Given the following Multiple linear regression [sales and advertising (in $1000) and price (in dollars)]: The below equation implies that an: Sales = 5000 - 8 (Price) + 7.25 (Advertising) + & O a. increase of $1 in advertising is associated with an increase of $7250 in sales O b. increase of $7.25 in advertising is associated with an increase of $1 in sales O c. increase of $1 in advertising is associated with an increase of $7.25 in sales O d. increase of $1 in advertising is associated with a decrease of $7.25 in sales Given the following Multiple linear regression [tenure in years]: Salaries= 1223 + 30*tenure + 0.269*profits 25 and profits are $1,000,000; estimate the value of salaries

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