Question: I need help understanding and solving the following problem: 5. XYZ Corporation is a Canadian company that sells forestry products to several Pacic Rim customers.

I need help understanding and solving the following problem:

5. XYZ Corporation is a Canadian company that sells forestry products to several Pacic Rim customers. XYZ s sales are very sensitive to exchange rate rates. The following table shows recent annual sales (in millions of Canad1an dollars) and the average exchange rate for the year exressed as the writs of forei- - curren needed to bu one Canadian dollar: a. Calculate the sample arithmetic mean and standard deviation for the exchange rate and for sales. h. Calculate the sample geometric mean for the exchange rate. c. Calculate the sample covariance and correlation between the exchange rate and sales. d. Calculate the intercept, slope, and coefcient of determination for an estimated simple [bivariate) linear regression with the exchange rate as the independent variable and sales as the dependent variable. e. What value of sales do you predict for an exchange rate of [135

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