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SCENARIO 13-2
a Candy Bar Manufacturer Is Interested in Trying ±\pm

Question 77

Multiple Choice

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,to test whether a change in price will have any impact on sales,what would be the critical values? Use ? = 0.05. A)  \pm  2.5706 B)  \pm  2.7765 C)  \pm  3.1634 D)  \pm  3.4954
-Referring to Scenario 13-2,to test whether a change in price will have any impact on sales,what would be the critical values? Use ? = 0.05.


A) ±\pm 2.5706
B) ±\pm 2.7765
C) ±\pm 3.1634
D) ±\pm 3.4954

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