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A regression of Sales [$1,000] on Advertising [$1,000] and Market Share [%] resulted in the following output. Refer to the results and interpret the estimated slope for Market Share.
Coefficients
t Stat
P-value
Intercept
810.00
1.31
0.20
Advertising
0.25
3.13
0.00
Market Share
187.00
2.18
0.04
Select one:
a.If Market Share increases by 1% while holding Advertising constant, Sales are expected to increase by $997,000
b.If Market Share decreases by 1% while holding Advertising constant, Sales are expected to increase by $187,000
c.If Market Share increases by 1%, while holding Advertising constant, Sales are expected to increase by $187,000
d.If Market Share increases by 187% while holding Advertising constant, Sales are expected to increase by $1,000
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