Assuming that next year’s marketing expenditures are $3,500,000 and there are five salespeople, predicted sales for Mega Flowers will be: A. $11,600,000. B. $24,200,000. C. $2,400,000.
Using the regression equation from above, expected sales equals 12.6 + (1.6 x 3.5) + (1.2 x 5) = $24.2 million. Remember to check the details – i.e. this equation is denominated in millions of dollars
