A regression line fitted between volume of sales and the advertising budget; the equation is Sales = 7500+6.95*budget. If the budget increased by $30000 this year compared to the last year, what is the expected change in sales?
Group of answer choices
Sales are expected to increase by $208,500
Sales are expected to increase by $30,000
Sales are expected to increase by 6.95 times
Sales are expected to increase by $216,000