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The Following Data Represent the Demand (Y) of an Item

Question 50

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The following data represent the demand (Y) of an item at a local shop and their price (X).
The following data represent the demand (Y) of an item at a local shop and their price (X). Use the data to determine the simple regression equation of price on demand if the correlation coefficient between x and y is -0.92. Use the data to determine the simple regression equation of price on demand if the correlation coefficient between x and y is -0.92.

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