Concept explainers
A company manager wants to establish a relationship between the sales of a certain product and the price. The company research department provides the following data:
(a) Use a calculating utility to find the regression line of y as a function of x.
(b) Use a graphing utility to make a graph that shows the data points and the regression line.
(c) Use the regression line to make a conjecture about the number of units that would be sold at a price of
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