Question: 46
(Choose 1 answer)
(See picture)
A. -0.824
B. 0.824
C. 0.680
D. -0.680
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
Price ($)
Sales
River Falls
Hudson
1.30
100
1.60
90
Ellsworth
1.80
90
Prescott
2.00
40
What is the coefficient of correlation for these data?