The following table provides an observation of price and quantity demanded for a kind of fruit. Please use software to do correlation analysis and regression analysis, and then write a short report on price and quantity demanded.

Price($/lb)	Quantity (lb)
2	12.3
5	10
1.6	14
9	8.5
3.5	9.2
4.6	8.6
8.2	7.65
4.9	13.5
5.6	12.8
9.4	4.65
3.5	5.66
4.2	7.89
4.6	12
7.3	6.56
7.8	8.7