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FC.82 The Cocoa Bean sells hot chocolate during the year. This is shown in the following table: Month Avg Temp Sales Jan 20 268
FC.82 The Cocoa Bean sells hot chocolate during the year. This is shown in the following table: Month Avg Temp Sales Jan 20 268 Feb 20 150 Mar 45 204 Apr 54 194 May 68 164 Jun 74 141 Jul 88 67 Aug 85 91 Sep 85 134 Oct 63 178 Nov 38 100 What would the December sales forecast be if the a prage temperature that month was projected to be 27? (Display your answer to two decimal places.) Number What is the r-value (correlation coefficient) for this set of data? (Display your answer to two decimal places. If you get a negative number then put a minus sign before your number.) Number The correlation coefficient (from the previous question) indicates that as temperature goes UP, sales tend to go: OUP DOWN The Cocoa Bean has determined that the magnitude of a correlation coefficient (whether positive or negative) is considered strong if it is 0.70 or more, moderate if it is between 0.40 and 0.69, and weak/none if it is below 0.40. Based on your analysis, the correlation between temperature and hot chocolate sales is: Weak/None Strong Moderate
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