Question

A linear model shows the link between ad budget and sales. The model has a slope of 2.5 and a y-intercept of 15,000. What are the predicted sales if the ad budget is $8,000?

Graph showing a linear relationship between advertising budget and sales amount.


(1 point)

$31,000

$35,000

$20,000

$23,000
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Answer 1

Sales = 2.5*(ad budget) + 15,000 = 2.5*(8,000) + 15,000 = 20,000 + 15,000 = $35,000.