Costco sells paperback books in their retail stores and wanted to examine the relationship between price and demand.The price of a particular novel was adjusted each week and the weekly sales were recorded in the following table. Management would like to use simple regression analysis to estimate weekly demand for this novel using the price of the novel.The total sum of squares for this sample is equal to ________.
A) 18.86
B) 21.56
C) 22.86
D) 26.93

Question

Costco sells paperback books in their retail stores and wanted to examine the relationship between price and demand.The price of a particular novel was adjusted each week and the weekly sales were recorded in the following table.  Management would like to use simple regression analysis to estimate weekly demand for this novel using the price of the novel.The total sum of squares for this sample is equal to ________.
A) 18.86 
B) 21.56 
C) 22.86 
D) 26.93

Quizplus · Accepted Answer

The Answer of Costco sells paperback books in their retail stores and wanted to examine the relationship between price and demand.The price of a particular novel was adjusted each week and the weekly sales were recorded in the following table.  Management would like to use simple regression analysis to estimate weekly demand for this novel using the price of the novel.The total sum of squares for this sample is equal to ________.
A) 18.86 
B) 21.56 
C) 22.86 
D) 26.93

Costco Sells Paperback Books in Their Retail Stores and Wanted