Multiple Choice
Instruction 12.2
A chocolate 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 country towns and cities and offers the chocolate bar at different prices. Using chocolate bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:
-Referring to Instruction 12.2,what is the coefficient of correlation for these data?
A) 0.8854
B) 0.7839
C) -0.7839
D) -0.8854
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Instruction 12.33<br>It is believed that the
Q47: Instruction 12.35<br>A computer software developer would
Q48: Instruction 12.13<br>The managers of a brokerage
Q49: Instruction 12.4<br>The managers of a brokerage
Q52: Instruction 12.35<br>A computer software developer would
Q53: Instruction 12.16<br>The management of a chain
Q54: Instruction 12.12<br>The director of cooperative education
Q55: Assuming a linear relationship between X and
Q56: Instruction 12.34<br>The management of a chain
Q195: You give a pre-employment examination to your