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answer both 1) 2) A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To
answer both
1)
2)
A candy 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 most likely utilize which statistical tool? Select one: 9 a. 2 group t test 6. Cross-classified test c. simple regression d. All of the above If you took a sample of the labeled 5 pound bags of Yummy Mix and found the average weight to be 3.5 pounds, which was less than 05 (5%) likely to occur given the assumed population mean of 5 pounds, what would your conclusion be? Select one: O a. To retain the null hypothesis, b. To use a different alpha To reject the null hypothesis d. To conclude that the difference is not significant Step by Step Solution
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