Best Buy would like to investigate the linear relationship between the selling price of a Canon PowerShot
Question:
Best Buy would like to investigate the linear relationship between the selling price of a Canon PowerShot digital camera and the demand for it. The following table shows the weekly demand for the camera in one particular market along with the corresponding price:
Determine the sample correlation coefficient between the selling price and the demand for this camera.
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x y 16 300 19 310 14 320 13 330 11 340 12 350 8 3...View the full answer
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