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

question 55

Multiple Choice

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 coefficient of correlation for these data?

• A) -0.8854
• B) -0.7839
• C) 0.7839
• D) 0.8854

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