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The marketing manager of a large supermarket chain would like to use shelf space to predict the sale

Question: The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample of 12 similar stores, she gathered the following information regarding the shelf space, in feet, devoted to pet food and the weekly sales in hundreds of dollars. Use these data to answer questions 8 through 10.

Store	1	2	3	4	5	6
Shelf Space	5	5	5	10	10	10
Weekly Sales	1.6	2.2	1.4	1.9	2.4	2.6

Store	7	8	9	10	11	12
Shelf Space	15	15	15	20	20	20
Weekly Sales	2.3	2.7	2.8	2.6	2.9	3.1

a. Compute the value of the sample correlation coefficient between weekly sales and shelf space.
b. Is the correlation between weekly sales and shelf space significant at the .01 level of significance?
c. What is the estimated regression equation?

Price: $2.99

Solution: The answer consists of 3 pages
Deliverable: Word Document