The following output shows the relationship between units sold and price:

a.?Does the number of units sold seem to increase as the price increases?b.?How much of the variation in the units sold is accounted for by price?c. What is the correlation coefficient? Describe the type and the strength of the relationship between units sold and price.d. What is the estimated number of units sold for a price of $10? Is this value reasonable?

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Regression Analysis ANOVA table SS Source df MS 3119.4256 3119.4256 Regression 840.5744 60.0410 Residual 14 Total 3960.0000 15 Regression Output Coefficients Std. error t(df = 14) Variables 4.9740 10.258 Intercept 51.0218 -0.5170 0.0717 Price -7.211