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Mathematics, 23.06.2020 16:01 Mypage22

The following data represent the number of flash drives sold per day at a localcomputer shop and their prices. Price Units Sold34 336 432 635 530 938 240 1a. Develop the estimated regression equation that could be used to predict thequantity sold given the price. Interpret the slope. b. Did the estimated regression equation provide a good fit? Explain. c. Compute the sample correlation coefficient between the price and the number offlash drives sold. Use a= 0.01 to test the relationship between price and units sold. d. How many units can be sold per day if the price of flash drive is set to $28.

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