their To in trying to are willconduce thin the eempans randomly dependent a simp

Question

their To in trying to are willconduce thin the eempans randomly dependent a simple inear eandy rales belown regression the data variable, the company River Falls Rock Elm 240 38 Seilhwater 2.90 32 SUMMARY 088540441 Multiple R 0.783940969 0.729926212 djusted square 16. ANOVA Significance 3855.421687 3855.422 14.51346 0.018945781 Regression 1062.578313 265.6446 Residual 4918 Total Standard Error t Stat P-value Lower 95% Upper 9 Coefficients 26.16068642 6.16901 0.003506 88.75183241 2 34.019 161.3855422 Intercept 12.65017211 3.80965 0.018946 83.31527952 13.0702 -48.19277108 Price (S)

Explanation / Answer

Here from given we get

Coefficient for intercept is 161.386

and coefficient for price is -48.193

That is unit Change in price causes -48.193 unit Change in eatimated average.

So if price goes up by $1 it causes -48.193 unit Change in eatimated average.

So ans is: D). -48.193

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