Data were collected on monthly sales revenues in 1000s and m
Data were collected on monthly sales revenues (in $1,000s) and monthly advertising expenditures ($100s) for a sample of drug stores. The regression line relating revenues (Y) to advertising expenditure (X) is estimated to be y
Solution
x= 1000/100 = 10 (because x axis in 100\'s)
put it in the equation
y = -48.3+9*10 =41.7
but y is in 1000\'s
so answer is 41.7*1000 = 41700 -----option D

