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Scenario 10.2
Use the following to answer the questions.
When Silk Soymilk began packaging its chocolate milk in single-serving sizes, the company chose drink boxes that did not need refrigeration. The boxes were only sold in shrink-wrapped sets of six. Single boxes were not available at grocery stores or convenience markets. Once the Silk chocolate product was selling well, they also began offering the Silk Soymilk vanilla flavor in the same type of packaging. The Silk Soymilk brand, logo, and look of the boxes were the same as its larger half-gallon versions. The only difference in packaging style was the color brown for chocolate milk and the color white for vanilla.
-Refer to Scenario 10.2. Silk Soymilk probably increased demand for its single servings by facilitating increased consumption of the product through its practice of ____ packaging.
Least Squares Line
A line of best fit through a scatter plot of data points that minimizes the sum of the squares of the vertical distances of the points from the line.
Least Squares Line
A straight line that minimizes the sum of the squares of the vertical distances of the points from the line.
Y-intercept
The point where a line or curve crosses the y-axis of a graph, representing the value when all independent variables are zero.
Least Squares Line
A line that minimizes the sum of the squares of the vertical deviations from each data point to the line, often used in linear regression.
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