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Author Question: A regression analysis between sales (in $1000) and price (in dollars) resulted in the following ... (Read 139 times)

april 19

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A regression analysis between sales (in $1000) and price (in dollars) resulted in the following equation

= 60 - 8X

The above equation implies that an


increase of $1 in price is associated with a decrease of $8 in sales


increase of $8 in price is associated with an decrease of $52,000 in sales


increase of $1 in price is associated with a decrease of $52 in sales


increase of $1 in price is associated with a decrease of $8000 in sales



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Marked as best answer by april 19 on Mar 25, 2023

JulianneMu

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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april 19

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)


Jossy

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Reply 3 on: Yesterday
:D TYSM

 

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