(- C imathas.humber.ca __ Apps 'v'ouTube { NBA streams. NHL... :1} Blackboard Statistits A regional higheend specialty supermarket is considering opening a new store and is \""7 curious about the relationship between demographic data and the store sales in the existing stores. For example, are store sales related to the population in the town where the store is located? Data for 9 stores in 2018 is presented below. Population is given in thousands and annual sales in $ millions. Population 29 41 65 59 19 37' 57 33 38 20185ales 0.86 1.17 2.28 1.90 0.98 1.99 2.84 1.21 1.39 Popnfmion Based on the given table. the linear regression equation is g} = 0.03541 + (1.1362 and RZ = 0.6593. l Lou rse l-enz- ( C imathas.humberica __ Apps 'v'ooTube { NBA streams. NHL.\" :1} Blackboard Statistics Based on the given table. the linear regression equation is 3:: = 0.03541 + 0.1362 and Rz = 0.6593. (a) Find the coefcient of linear correlation. Please round lhe answer to two decimal places. 1" = l l (b) ls the association between the above factors positive or negative? Select an answer v (c) What would be the best predicted sales for a town with the population of 52000? Please round the answer In two decimal places. Hint: Use the regression equation to answer the question. 1} = in $ millions (d) ll we use the same regression model to predict the annual sales fora store in a city with the population of 340000i would this forecast be reliable? OWe cannot use the same regression model, as the population of the City does not fall within the sample z-range. G If we use the same regression model. the forecast will still be reliable