You have the following data on monthly sales of bobbleheads, as well as the price of your

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You have the following data on monthly sales of bobbleheads, as well as the price of your bobbleheads each month. Month Unit Sales Price January 1,500 $14.99 February 1,400 $14.99 March 1,600 $12.99 April 1,350 $14.99 May 1,550 $12.99 June 1,400 $14.99 You want to estimate the following regression equation on this data: Salest = + Pricet Y is the sales for month t and X is the price for month t (from the table above). Will the sign for be positive or negative (+/-)? Explain your

Posted Date: May 18, 2024 08:10 PM

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You have the following data on monthly sales of bobbleheads, as well as the price of your

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