A small independent organic food store offers a variety of specialty coffees.To determine whether price has an impact on sales, the managers kept track of how many pounds of each variety of coffee were sold last month.

Based on the data and summary statistics, the intercept of the estimated regression line that relates the response variable (monthly sales) to the predictor variable (price per pound) is ______________ .
A)95.459
B).858
C)-4.684
D)-.858
E)-8.999

Question

A small independent organic food store offers a variety of specialty coffees.To determine whether price has an impact on sales, the managers kept track of how many pounds of each variety of coffee were sold last month.

Based on the data and summary statistics, the intercept of the estimated regression line that relates the response variable (monthly sales) to the predictor variable (price per pound) is ______________ .
A)95.459 
B).858 
C)-4.684 
D)-.858 
E)-8.999

Quizplus · Accepted Answer

The Answer of A small independent organic food store offers a variety of specialty coffees.To determine whether price has an impact on sales, the managers kept track of how many pounds of each variety of coffee were sold last month.

Based on the data and summary statistics, the intercept of the estimated regression line that relates the response variable (monthly sales) to the predictor variable (price per pound) is ______________ .
A)95.459 
B).858 
C)-4.684 
D)-.858 
E)-8.999

A Small Independent Organic Food Store Offers a Variety of Specialty