Question: Interpret coefficient -45 from the regression equation: y = 100 - 45X where y is number of donuts sold and x is price. So,
Interpret coefficient -45 from the regression equation: y = 100 - 45X where y is number of donuts sold and x is price. So, on average, if price increases by one dollar, the number of donuts sold: 1) Decreases by 45 2) Is 45 times less than before 3) Is equal to 55 exactly 4) Increases by 45
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