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Question 5): Casco sells paperback books in their retail stores and wanted to examine the relationship between price and demand. The price of a

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Question 5): Casco sells paperback books in their retail stores and wanted to examine the relationship between price and demand. The price of a particular novel was adjusted each week and the weekly sales were recorded in the table below. Sales Price 3 $ 12.00 4 $ 11.00 6 $ 10.00 10 $ 9.00 8 $ 8.00 10 $ 8.75 Management would like to use simple regression analysis to estimate weekly demand for this novel using the price of the novel. The intercept for the regression equation is A) -0.4257 B) - 0.4451 C) -0.4628 D)- 1.759 E) -1.769 F) -1.747

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