Price Demand 1/(Price) $0.45 5.034 2.222222222 $0.48 5.454 2.083333333 $0.50 7.146 2 $0.40 7.600 2.5 $0.47 4.897 2.127659574 $0.53 5.813 1.886792453 $0.56 5.851 1.785714286 $0.60 4.406 1.666666667 $0.62 4.969 1.6129032262. The file candy.xls contains monthly sales and price of a popular candy bar. a. Describe the type of relationship between price and sales (linearonlinear, strong/weak). Create a scatter diagram. b. What percentage of variation in monthly sales is explained by variation in price? What percentage is unexplained? c. If the price of the candy bar is $1.05, predict monthly candy bar sales. d. Use the regression output to determine the correlation between price and candy bar sales. e. Are there any outliers