The following data represent the number of flash drives sold per day at a local computer shop and their prices. Price Units Sold 34 3 36 4 32 6 35 5 30 9 38 2 40 1 a. Develop an estimated regression equation with price as the independent variable. b. Compute the coefficient of determination and comment on the strength of relationship between price and units sold. c. Verify that the equation is significant at α= 0.01. d. Predict the number of units sold at a price of $42.
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