Posted by Ruth on .
The following data represent the number of flash drives sold per day at a local computer shop and their prices.
Price (x) Units Sold (y)
Develop a least-squares regression line and explain what the slope of the line indicates.
Compute the coefficient of determination and comment on the strength of relationship between x and y.
Compute the sample correlation coefficient between the price and the number of flash drives sold. Use alpha= 0.01 to test the relationship between x and y.