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Alan Ho, a Market Analyst for Clear Sound Inc

Question 39

Multiple Choice

Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables: Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables: For a rural sales district with 10,000 teenagers, Alan's model predicts annual sales of heavy metal CD sales of ___. A) $2,100,000 B) $524,507 C) $533,333 D) $729,683 E) $210,000 For a rural sales district with 10,000 teenagers, Alan's model predicts annual sales of heavy metal CD sales of ___.


A) $2,100,000
B) $524,507
C) $533,333
D) $729,683
E) $210,000

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