32
(Choose 1 answer)
(See picture)
A. 60.30
B. 55.46
C. 120.33
D. 77.50
A candy bar manufacturer is interested in estimating how sales are influenced by the price of their product. They randomly choose 6 small cities of similar characteristics and offer a candy bar at different prices in each of them, then collect the following data:
Price (X)
1.6
90
1.8
2.0
2.4
60
2.9
40
Sales (Y)
1.3
110
85
80
Suppose candy bar sales are the dependent variable (Y) and the company conducts a simple linear regression.
If the price of the candy bar is set at $2, what is the value for predicted sales?
Select the nearest value (rounded to 2 decimal places).
