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Directions: Consider the following scenario: You have been awarded a contract to analyze sales data for a snack food company. They have introduced a new

Directions: Consider the following scenario: You have been awarded a contract to analyze sales data for a snack food company. They have introduced a new flavor of potato chips (crisps). As part of your analysis, you will need to conduct a hypothesis test on the results of a simple linear regression to determine if there is a relationship between price and amount of product sold. Here is the data you need to analyze:

Price per Bag of Crisps Number of Truck Loads Sold
$2.00 14
$1.90 18
$1.75 24
$1.50 30
$1.25 35
$1.00 41
$0.90 46
$0.75 52
$0.60 57
$0.50 64

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