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  3. consider the following sample data for the relatio

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

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Statistics

Consider the following sample data for the relationship betweenadvertising budget and sales for Product A: Observation 1 2 3 4 5 67 8 9 10 Advertising ($) 40,000 50,000 50,000 60,000 70,000 70,00080,000 80,000 90,000 100,000 Sales ($) 240,000 308,000 315,000358,000 425,000 440,000 499,000 494,000 536,000 604,000 What is thepredicted sales quantity for an advertising budget of $68,000?Please round your answer to the nearest integer. Note that thecorrect answer will be evaluated based on the full-precision resultyou would obtain using Excel.

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