1. Use a simple regression (one variable) to analyze the relationship between Price and Annual Demand for the product. a
Posted: Mon Jul 11, 2022 10:18 am
1. Use a simple regression (one variable) to analyze the relationship between Price and Annual Demand for the product. a. Conduct all hypothesis tests and report your findings. b. Generate a 95% confidence interval for average sales when price is $5.00 per ton. (hi = 0.1378)