TABLE 12-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate

question 51

Multiple Choice

TABLE 12-2
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 six 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 12-2, if the price of the candy bar is set at $2, the estimated mean sales will be

• A) 30.
• B) 65.
• C) 90.
• D) 100.

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Definitions:

Attributions

Explanations that individuals devise for the causes of their own and others' behaviors and events.

Own Behaviors

The actions or reactions of an individual in response to external or internal stimuli.

Attributions

The process of explaining the causes of behaviors and events, which can influence people's understanding of their own and others' actions.

Social Psychologist

A scientist who studies how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.