An online store sold a gift basket at five different prices and recorded the number of gift baskets that were sold at each price
. The results are shown in the scatterplot. A graph titled Price versus Gift Baskets Sold has Price (dollars) on the x-axis, and Gift Baskets Sold on the y-axis. Points are at (40, 89), (45, 80), (52, 80), (65, 60), and (83, 50). Which statement is correct based on the scatterplot? There is no relationship between price and gift baskets sold because the points do not form a straight line. There is no relationship between price and gift baskets sold because there are multiple prices at which 80 gift baskets were sold. There is a relationship between price and gift baskets sold, and the relationship is that as the price increases, the gift baskets sold increases. There is a relationship between price and gift baskets sold, and the relationship is that as the price increases, the gift baskets sold decreases.
I believe that the answer would be D, there is a relationship between price and gift baskets sold, and the relationship is that as the price increases, the gift baskets sold decreases.
Despite the fact that there is an outlier, the point representing the 80 gift baskets sold at $52, there is still a pattern which shows that as the price of the baskets increases, the number of sales decreases based on the other points.
The probability that the the sample mean would be less than x=132.25 will be calculated as follows: z=(x-σ)/μ μ- mean σ- standard deviation z=(132.25-138)/28=-0.2054 thus: P(X≤x)=0.4207=42.07%
