Question 9 Regression analysis was applied between demand for a product (Y) and the price of the product (X), and the following estimated regression equation was obtained. Y = 120 - 15 X Based on the...

Extracted text: Question 9 Regression analysis was applied between demand for a product (Y) and the price of the product (X), and the following estimated regression equation was obtained. Y = 120 - 15 X Based on the above estimated regression equation, if price is increased by 2 units, then demand is expected to: O Increase by 120 units Decease by 30 units O Increase by 2Q units Next « Previous Submi No new data to save. Last checked at 9:51pm