Which of the following equations represents the regression line for the advertising expenses and company sales data below? All amounts displayed are given in thousands of dollars.
Advertising Expenses, X Company Sales, Y
2.4 225
1.6 184
2.0 220
2.6 240
1.4 180
2.0 186
2.2 215
from above : line equation: y^ =105.23+50.24x (or y^ =50.24x+105.23)
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