Question: A regression analysis between sales {Y in USD 1000} and advertising {X in dollars} resulted in the following equation = 30,000 + 4 X. This equation implies that an
[A] Increase of $1 in advertising is associated with an increase of $34,000 in sales
[B] Increase of $1 in advertising is associated with an increase of $4,000 in sales
[C] Increase of $4 in advertising is associated with an increase of $4,000 in sales
[A] Increase of $1 in advertising is associated with an increase of $4 in sales