The cocoa bean sells hot chocolate during the year and, Ask an Expert

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The Cocoa Bean sells hot chocolate during the year and knows that sales increase as temperature drops. This is shown in the following table: Month AvgTemperature Sales January 18 196 February 20 191 March 45 183 April 60 150 May 75 122 June 82 104 July 80 92 August 91 65 September 81 111 October 65 143 November 42 166

1. What would the December sales forecast be if the average temperature that month was projected to be 25? (Round your answer to the nearest whole number.)

2. What is the r-value (correlation) for this set of data? (Round your answer to two decimal places.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91578502

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