Acandy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. to do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below and is available here: create a simple regression model with the given data.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.