2.A CEO of a large pharmaceutical company is evaluating whether to place more money in next yearâ??s

2.A CEO of a large pharmaceutical company is evaluating whether to place more money in next year’s budget for television adverting for XBC, a new drug for controlling asthma. The cost of is always an important consideration in the phase I roll-out of a new drug He ask whether there is a strong relationship between the number of orders received and the amount of money spent on television adverting for drugs. Perform Data Analysis Regression on Order vs. Advertising. The regression is:a. Orders = 0.042 + 1.516 x Advertisingb. Orders = 1.401 + 0.043 x Advertisingc. Advertising = 8.072 = 36.214 x Ordersd. Orders = 1.516 + 0.042 x AdvertisingHint: The first input of regression is the Y values. 3.Using the results of the regression in part a) interpret the meaning of the slope in the regression equation.A. Orders by 1.516 million per $1000 advertisingB. Advertising increases by 8.072 thousand per million ordersC. Orders increase by 42 thousand for $1000 spent on advertisingD. Advertising increases by 36.214 thousand $ per million orders4. Using the results of the regression in part a), predict the # of orders when advertising cost is $75,000.a. 4.684 million ordersb. 4.666 million ordersc. 4.675 million ordersd. 4.686 million orders