Secure Secure blackboard.com/webapps/ assessment/takeltakejsp?course assessment
ID: 3223951 • Letter: S
Question
Secure Secure blackboard.com/webapps/ assessment/takeltakejsp?course assessment i A Moving to another question will save this response. gestion 49 The following regression model has been proposed to pred where X1 competitor's previous day's sales (insi.000s) Xa population within 1 mile (in 1000s) x, 1 if any form of advertising was used 0ifotherwise tYasales (in $1,000s) Interpret the meaning ofX2 (population within 1 mile). O For every thousand person increase in the population, sales atthe furniture store are expected to increase by s18.000, adjusting for competitor sales and advertising For every thousand person increase in the population, sales at the furniture store are expected to increase by s.000 aduusting for competitor sales and advertising. e o For every thousand person increase in the population sales at the furniture store are expected to decrease by s4.000, adjusting for competitor sales and advertising. For every thousand person increase in the population, sales at the furniture store are expected to increase by s4000 adjusting for compestorsales and adversing A Moving to another question will save this response. Type here to searchExplanation / Answer
ANSWER:
b. For every thousand person increase in the population, sales at the furniture store are expected to increase by $7,000, adjusting for competitor sales and advertising.