Instruction 12-2
a Chocolate Bar Manufacturer Is Interested in Trying

question 70

Multiple Choice

Instruction 12-2
A chocolate 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 country towns and cities and offers the chocolate bar at different prices.Using chocolate bar sales as the dependent variable,the company will conduct a simple linear regression on the data below:
$$\begin{array} { l l r r } { \text { City } } & & \text { Price } ( \$ ) & \text { Sales } \\\hline \text { Toowoomba } & & 1.30 & 100 \\\text { Broken Hill } & & 1.60 & 90 \\\text { Bendigo } & & 1.80 & 90 \\\text { Kalgoorlie } & & 2.00 & 40 \\\text { Launceston } & & 2.40 & 38 \\\text { Port Augusta } & & 2.90 & 32\end{array}$$
-Referring to Instruction 12-2,what is the coefficient of correlation for these data?

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Definitions:

Thematic Apperception Test

A projective psychological test that involves creating stories about ambiguous scenes, used to uncover underlying thoughts and feelings.

Henry Murray

An American psychologist best known for his theory of personality, which included concepts like needs, press, and themas, and for developing the Thematic Apperception Test (TAT).

Sigmund Freud

A neurologist and the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Blemish of Place

A term that may describe how a location's reputation is negatively impacted by historical or current events, perceived or real.