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Suppose a Store Manager Wants to Know the Demand Y

Question 12

Multiple Choice

Suppose a store manager wants to know the demand y for an energy bar as a function of price x. The daily sales for three different prices of the energy bar are shown in the table. Determine the least squares regression line for the data using the regression capabilities of a graphing utility, and then use this model to estimate the demand when the price is $1.59. Suppose a store manager wants to know the demand y for an energy bar as a function of price x. The daily sales for three different prices of the energy bar are shown in the table. Determine the least squares regression line for the data using the regression capabilities of a graphing utility, and then use this model to estimate the demand when the price is $1.59. A) 202 B) 166 C) 190 D) 151


A) 202
B) 166
C) 190
D) 151

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