What affects flat panel LCD TV sales? Flat panel LCD TV\'s are sold through a va

Question

What affects flat panel LCD TV sales? Flat panel LCD TV's are sold through a variety of outlets. Sales figures (number of units) for the popular Sony Bravia were obtained for last quarter from a sample of 30 different stores. Also collected were data on the selling price and amount spent on advertising the Sony Bravia (as a percentage of total advertising expenditure in the previous quarter) at each store. Output is shown below. Using the estimated multiple regression model, the number of units sold on average at a store that sells the Sony Bravia for $2199 and spends 10% of its advertising budget on the product is

A. 66.54 Units

B. 120 Units

C. 90.34 Units

D. 53.94 Units

E. None of these

Explanation / Answer

What affects flat panel LCD TV sales? Flat panel LCD TV's are sold through a va

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