Problem 1: The demand and price of onions per kg is given in the following table: Price (Tk.) 25 37 40 45 48 50 55 70 +
Posted: Fri Dec 24, 2021 9:52 am
Problem 1: The demand and price of onions per kg is given in the following table: Price (Tk.) 25 37 40 45 48 50 55 70 + X Demand (kg) 10 8 9 7.5 5 4.5 3 V (Where X is the last digit of your ID +1. Take the result of VX rounded to 1 digit after decimal point) a Malerei a) Find the relationship between demand and price using a scatter diagram and comment (interpret). b) Find the correlation coefficient and comment (interpret).