sales (y) by using $ advertising (x 1 ) and $ salary of sales representatives (x 2 ) across all the branches. You obtained the following regression function: y = XXXXXXXXXX5x 1 -1.6x 2 If the...


sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2


If the advertising budgets of one of the branches of the corporation is now $45,000 (which is 10% more than before) and the salary of sales representatives is now $8,500 (which is 20% less than before), then the predicted sales will


A. decrease by less than 10%


B. increase by more than 10%


C. be the same


D. increase by less than 10%



Jun 02, 2022
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