Mathematics, 02.11.2019 05:31 Angellbatton6763
Asmall independent organic food store offers a variety of specialty coffees. to determine whether price has an impact on sales, the managers kept track of how many pounds of each variety of coffee were sold last month. based on the data and summary statistics shown below, the slope of the estimated regression line that relates the response variable (monthly sales) to the predictor variable (price per pound) is
price per pound pounds sold
$ 3.99 75
$ 5.99 60
$ 7.00 65
$ 12.00 45
$ 4.50 80
$ 7.50 70
$ 15.00 25
$ 10.00 35
$ 12.50 40
$ 8.99 50
mean $ 8.75 54.50
standard deviation $ 3.63 18.33
correlation -0.927
question 2 options:
-4.681.
-0.858.
0.858.
-8.999.
95.459
Answers: 3
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Asmall independent organic food store offers a variety of specialty coffees. to determine whether pr...
Physics, 08.08.2019 21:20