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Problem 4 8.0 points possible (graded, results hidden) The table below shows the demand of mobile phones based on differ
Posted: Wed Nov 24, 2021 10:02 am
by answerhappygod
- Problem 4 8 0 Points Possible Graded Results Hidden The Table Below Shows The Demand Of Mobile Phones Based On Differ 1 (36.8 KiB) Viewed 102 times
Problem 4 8.0 points possible (graded, results hidden) The table below shows the demand of mobile phones based on different prices (in Tk). Price (in Tk) 20000 10000 15000 30000 23000 37000 54000 13000 Demand 60 76 65 34 25 12 5 16 a. Determine the correlation coefficient r between the two variables. Answer rounded to at least 4 decimal places. b. Determine the slope coefficient B1 for the regression of demand on the price of mobile phones. Answer rounded to at least 4 decimal places. c. Determine the y-intercept Bo for the regression of demand on the price of mobile phones. Answer rounded to at least 4 decimal places. d. What will be the demand for mobile phones when the price is Tk16000? Answer rounded to at least 4 decimal places.