Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. the following regression model was obtained: Y = 5000+7.25 X If advertisement = 2500, then what will be the predicted value of sales? Select one: O A. 41250 O B. 26750 O C. 23125 O D, None of these

MATLAB: An Introduction with Applications
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Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. the
following regression model was obtained:
Y = 5000+7.25 X
If advertisement = 2500, then what will be the predicted value of sales?
Select one:
O A. 41250
O B. 26750
O C. 23125
O D, None of these
Transcribed Image Text:Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. the following regression model was obtained: Y = 5000+7.25 X If advertisement = 2500, then what will be the predicted value of sales? Select one: O A. 41250 O B. 26750 O C. 23125 O D, None of these
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