Costco sells paperback books in their retail stores and wants to examine the relationship between the prices arid sales. The price of a particular novel
Costco sells paperback books in their retail stores and wants to examine the relationship between the prices arid sales. The price of a particular novel was adjusted each week and the weekly sales are in the following table. Management would like to use a simple linear regression model that uses prices to predict sales. The predicted weekly sales for the novel when priced at $10 is equal to
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