document.write( "Question 1124646:  a regression analysis between sales ( in rs 1000) and advertising (in rs) resulted in following Least squares line
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document.write( "y=80000+5x. this implies 
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document.write( "a) increase of rs 1 in advertising is expected to result in an increase of rs 5 in sales.
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document.write( "b) increase of rs 5 in advertising is expected to result in increase of rs 5000 in sales 
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document.write( "c) increase of rs 1 in advertising is expected to result in increase of rs 80005 in sales.
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document.write( "d) increase of rs 1 in advertising is expected to result in increase of rs 5000 in sales. \n" );
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| Algebra.Com's Answer #740982 by Boreal(15235)     You can put this solution on YOUR website! advertising is x, because it is independent and can be controlled. \n" ); document.write( "the response variable, y, is sales, which is not controlled.\r \n" ); document.write( "\n" ); document.write( "Therefore, an increase in 1 rs results in an increase in sales of 5, which means rs 5000, since sales is in units of thousands. It's like an rpm gauge on a car. From 1 to 2 is an increase of 1, but it really means 1000 rpm.\r \n" ); document.write( "\n" ); document.write( "D \n" ); document.write( " |