Question: Jack runs a small convenience store, where he sells freshly baked cookies. Jack has experimented by charging different prices for the cookies on randomly selected
Jack runs a small convenience store, where he sells freshly baked cookies. Jack has experimented by charging different prices for the cookies on randomly selected days, and recording the quantity sold. A scatter diagram for the data is shown opposite in Exhibit 3.42. Which of the following r-values best matches this scatter diagram? Why?
a. + 0.75
b. – 0.88
c. + 0.22
d. – 0.11
a. + 0.75
b. – 0.88
c. + 0.22
d. – 0.11
Step by Step Solution
★★★★★
3.17 Rating (156 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
The only choice is b 088 Choices a and c ... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Document Format (1 attachment)
487-M-S-D-A (2101).docx
120 KBs Word File
