Question: The information provided on the Cruffins worksheet in the data pack can be used to estimate the number of cruffins sold by a coffee

The information provided on the "Cruffins" worksheet in the data pack can

be used to estimate the number of cruffins sold by a coffee

The information provided on the "Cruffins" worksheet in the data pack can be used to estimate the number of cruffins sold by a coffee shop per day according to the following linear relationship: Number of Cruffins Sold = a+ B(Price) (Regression Equation) a. Using a 5% significance level, conduct an appropriate hypothesis test to determine whether price has a significant negative impact on the number of cruffins sold by a coffee shop per day. b. Calculate and interpret the value of R. Price Number of Cruffins Sold 4.00 375 4.09 364 4.20 326 4.25 339 4.29 345 4.39 319 4.45 308 4.49 307 4.60 293 4.69 294 4.75 281 4.79 293 4.89 276 5.00 274 5.09 273 5.19 268 5.25 270 5.29 266 5.39 265 5.49 268

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