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Mathematics, 20.11.2020 17:40 leannhb3162

The following sample contains values of the price and quantity sold of a particular commodity. Use quantity sold as the dependent variable Y. Price (X)

6.00

3.00

7.00

1.00

2.00

8.00

Quantity sold (Y)

53

67

48

76

70

28

∑x=27, ∑y=342, ∑x2=163, ∑xy=1295, ∑y2 = 21062, n = 6.

d. Find the coefficient of determination and interpret .

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