Problem:

Alan Bissell, a market analyst for City Sound Mart, is analyzing sales of heavy metal CD's. Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's), and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural). Regression analysis of the data yielded the following tables.

Required:

For an urban sales district with 10,000 teenagers, Alan's model predicts annual sales of heavy metal CD sales of

i) $524,507

ii) $533,333

iii) $729,683

iv) $21,000,000

v) $2,100,000

Solve the problem and show all work.