Mathematics, 16.12.2019 23:31 clarawulf9477
The fitted regression is sales = 832 − 28.2 price. (a-1) if price = 1, what is the prediction for sales? (round your answer to 1 decimal place.) sales (a-2) choose the correct statement. an increase in price decreases sales. an increase in price increases sales. a decrease in price decreases sales. (b) if price = 22, what is the prediction for sales? (round your answer to the nearest whole number.) sales (c) choose the right option. the intercept is not meaningful as a zero price is both unrealistic and unobserved. the intercept is meaningful as sales will be maximized when price is zero.
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The fitted regression is sales = 832 − 28.2 price. (a-1) if price = 1, what is the prediction for sa...
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