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Paul Frank is an analyst for the retail industry. He is examining the role of television viewing by teenagers on the sales of accessory stores. He gathered data and estimated the following regression of sales (in millions of dollars) on the number of hours watched by teenagers (TV, in hours per week):
Salest = 1.05 + 1.6 TVtThe predicted sales if television watching is 5 hours per week is: A. $9.05 million. B. $2.65 million. C. $8.00 million. |