Mathematics, 23.07.2021 22:10 zazy15
URGENT PLEASE HELP!
The following scatter plot represents a company's sales on a certain product based on its price.
What does β4.8 represent in this linear model?
A.) It means that there are about 4.8 thousand less sales for every dollar that the price is increased.
B.) It means that the sales will decrease by 121.02 when the price is raised by $4.80.
C.) It means that there are about 4.8 less sales for every dollar that the price is increased.
D.) It means that the sales will increase by 121.02 thousand when the price is lowered by $4.80.
Answers: 1
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