Mathematics

Mathematics, 20.11.2020 01:00, bobbyhsu3751

Market researchers were interested in the relationship between the price of bobbleheads and the demand of bobbleheads. Information was collected from a survey and was used to obtain the regression equation ý = -
0.277x + 50.455, where x represents the price of a bobblehead (measured in dollars) and ŷ is the predicted demand
of bobbleheads (in units). Which statement best describes the meaning of the slope of the regression line?

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