A retailer incurs a fixed cost of N$ 500 when purchasing sugar for his stock. He pays N$ 10.00 per packet which he resells at N$
1 answer:
You might be interested in
Answer:
<h2>20</h2><em>Solution</em><em>,</em>
<em><</em><em>N=</em><em>1</em><em>8</em><em>0</em><em>-</em><em>5</em><em>3</em><em>-</em><em>4</em><em>4</em>
<em> </em><em> </em><em> </em><em> </em><em>=</em><em>8</em><em>3</em>
<h3><em>Apply </em><em>sines </em><em>rule,</em></h3><em></em>
<em>hope </em><em>this </em><em>helps.</em><em>.</em>
<em>Good </em><em>luck</em><em> on</em><em> your</em><em> assignment</em><em>.</em><em>.</em>
Answer: a. The correlation coefficient of the data is positive.
Step-by-step explanation:
Estimated slope of sample regression line =
Here , confidence interval : (-0.181, 1.529)
Estimated slope of sample regression line =
⇒Correlation coefficient(r) must be positive, So a. is true.
But, d. and e. are wrong(0.674 ≠ 0 or 1.348).
We cannot check residuals or its sum from confidence interval of slope of a regression line, so b is wrong.
We cannot say that scatterplot is linear as we cannot determine it from interval, so c. is wrong
So, the correct option : a. The correlation coefficient of the data is positive.