A local coffee shop keeps track of how much hot chocolate they sell versus the low temperature on that day. Below is a table with the temperatures and sales figures for a sample of 6 days.
Temp F
48
72
58
60
55
70
Sales $
85
32
68
62
76
25
(Fill in the Blanks)
(a)Compute the correlation coefficientr. Round your final result to three decimal places.
Correlation Coefficient = ______________
(b)Fill in the blanks with the appropriate values for the equation of the regression line equation.Round values in the equation to three decimal places.
y = ____________ + ___________ x
(c)Estimate how much in sales would the ice cream shop may expect to sell if the daily high temperature was 50 F.Round your final answer to two decimal places (round to the nearest hundredth)
The ice cream shop would expect to sell $__________
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