Mathematics, 29.03.2021 23:30 jpdagle6921
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: What is the estimated average change in the sales of the candy bar if price goes up by $1.00?
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