Regression was used to develop a model to predict sales based on advertising dollars spent. The equa


Question: 1 Regression was used to develop a model to predict sales based on advertising dollars spent. The equation developed is Y = 1000 + 20X, where X is advertising dollars and Y is sales. If $300 is spent on advertising, what would be the best prediction for sales?

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Solution: The solution consists of 1 page
Type of Deliverable: Word Document

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