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TABLE 12-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate

Question 189

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TABLE 12-2
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 six 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 12-2 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 six 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 12-2, what is the estimated mean change in the sales of the candy bar if price goes up by $1.00? A)  161.386 B)  0.784 C)  -3.810 D)  -48.193 .
-Referring to Table 12-2, what is the estimated mean change in the sales of the candy bar if price goes up by $1.00?


A) 161.386
B) 0.784
C) -3.810
D) -48.193

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