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

question 91

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 estimated mean change in the sales of the candy bar if price goes up by $1.00?

• A) 161.386
• B) 0.784
• C) -3.810
• D) -48.193

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Definitions:

Born

Coming into existence by birth.

Intersex

Intersex is a term used to describe individuals born with reproductive or sexual anatomy that doesn’t fit typical definitions of male or female.

Pyriform Cortex

A region of the brain associated with the processing of olfactory (smell) information, part of the cerebral cortex.

Smell Perception

Smell perception involves the detection and identification of chemical substances in the air by the olfactory system, leading to the sense of smell.