Question

Consider the following sample data for the relationship between advertising budget and sales for Product A:...

Consider the following sample data for the relationship between advertising budget and sales for Product A:

Observation 1 2 3 4 5 6 7 8 9 10
Advertising ($) 50,000 60,000 60,000 70,000 70,000 80,000 90,000 90,000 100,000 110,000
Sales ($) 299,001 371,000 364,000 430,000 440,000 485,000 535,000 546,000 595,000 675,000

What is the predicted sales quantity for an advertising budget of $76,000?

Please round your answer to the nearest integer.

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