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TABLE 13-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate

Question 87

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TABLE 13-2
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:
TABLE 13-2 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: -Referring to Table 13-2, if the price of the candy bar is set at $2, the estimated average sales will be A) 30 B) 65 C) 90 D) 100
-Referring to Table 13-2, if the price of the candy bar is set at $2, the estimated average sales will be


A) 30
B) 65
C) 90
D) 100

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