TABLE 13-2
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 6 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:
-Referring to Table 13-2,what is for these data?
A)0
B)1.66
C)2.54
D)25.66

Question

TABLE 13-2
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 6 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: 
-Referring to Table 13-2,what is   for these data?
A)0 
B)1.66 
C)2.54 
D)25.66

Quizplus · Accepted Answer

The Answer is B

TABLE 13-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate