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SCENARIO 13-2
a Candy Bar Manufacturer Is Interested in Trying Σ\Sigma

Question 57

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SCENARIO 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:
 SCENARIO 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 Scenario 13-2,what is  \Sigma ( X -  \bar{X}  ) <sup>2</sup> 1for these data? A) 0 B) 1.66 C) 2.54 D) 25.66
-Referring to Scenario 13-2,what is Σ\Sigma ( X - Xˉ\bar{X} ) 2 1for these data?


A) 0
B) 1.66
C) 2.54
D) 25.66

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