(Choose 1 answer)
(See picture)
Α. -0.824
B. -0.680
C. 0.680
D. 0.824
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 4 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:
City
River Falls
Price ($) Sales
1.30
1.60
1.80
2.00
100
90
90
40
Hudson
Ellsworth
Prescott
What is the coefficient of correlation for these data?
2: 48