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The relationship between expenditure in Rs on advertising (X) in one...

This question belongs to Commerce Business Statistics And Research Methods
Business Statistics and Research Methods
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The relationship between expenditure in Rs. on advertising (X) in one time period and sales in Rs. (Y) in the next period has been found to be Y = 50 + 7X. Which of the following interprets the value 7 correctly?

Answer & Solution
Correct Answer: Option A
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