Exhibit 14-6
You Are Given the Following Information About Y $\alpha$

question 80

Essay

Exhibit 14-6
You are given the following information about y and x.
-The following data represent the number of flash drives sold per day at a local computer shop and their prices.
a.Develop a least-squares regression line and explain what the slope of the line indicates.
b.Compute the coefficient of determination and comment on the strength of relationship between x and y.
c.Compute the sample correlation coefficient between the price and the number of flash drives sold. Use $\alpha$ = 0.01 to test the relationship between x and y.

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Definitions:

Coffee Shop

A retail establishment that primarily serves coffee and related beverages, often including light snacks or meals.

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The payments made to an insurance company in exchange for life insurance coverage, which can sometimes be used as a tax deduction under specific circumstances.