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A chain of electronic stores thatsells video equipment has gathered the data in the following table. Store Average yearly household income ($1,000s) Number of households
A chain of electronic stores thatsells video equipment has gathered the data in the following table.
Store | Average yearly household income ($1,000s) | Number of households | Sales volume |
A | 75 | 73 | 167 |
B | 62 | 71 | 128 |
C | 90 | 78 | 186 |
D | 75 | 92 | 143 |
E | 65 | 64 | 127 |
F | 89 | 73 | 192 |
G | 95 | 62 | 156 |
H | 81 | 72 | 178 |
I | 86 | 85 | 172 |
J | 74 | 68 | 156 |
Fit one multiple regression equation based on appropriate variables to predict the sales volume. What is the correlation coefficient of this model? Question 35 data.xlsxDownload Question 35 data.xlsx
Group of answer choices
a) 0.7551
b) 0.8357
c) 0.7847
d) 0.8162
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