Pizza sales and price, part 2. For the data in Exercise 31, the average Sales was 52,697

Question:

Pizza sales and price, part 2.

For the data in Exercise 31, the average Sales was 52,697 pounds (SD = 10,261 pounds), and the correlation between Price and Sales was = -0.547.

If the Price in a particular week was one SD higher than the mean Price, how much pizza would you predict was sold that week?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

Question Posted: