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TABLE 13-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate

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TABLE 13-2
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below: TABLE 13-2 A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:   -Referring to Table 13-2, what is the estimated slope for the candy bar price and sales data? A)  161.386 B)  0.784 C)  -3.810 D)  -48.193
-Referring to Table 13-2, what is the estimated slope for the candy bar price and sales data?


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