A Small Independent Organic Food Store Offers a Variety of Specialty

Multiple Choice

A small independent organic food store offers a variety of specialty coffees.To determine whether price has an impact on sales, the managers kept track of how many pounds of each
Variety of coffee were sold last month. $$\begin{array} { | l | l | l | } \hline & \text { PRICE PER POUND } & \text { POUNDS SOLD } \\\hline \text { Mean } & \$ 8.75 & 54.50 \\\hline \begin{array} { c } \text { Standard } \\\text { Deviation }\end{array} & \$ 3.63 & 18.33 \\\hline \text { Correlation } & - \mathbf { 0 . 9 2 7 } & \\\hline\end{array}$$ Based on the summary statistics shown below, what percent of the variability in the number
Of pounds of coffee sold per week can be explained by price?

A) 95.47%
B) 100%
C) 85.9%
D) 55.6%
E) 4.68%