The following data have been collected for a simple linear regression analysis relating sales (y) to price (x): In applying the least squares criterion, the slope (b) and the intercept (a) for the best-fitting line are b = -12 and a = 162.Compute the value of r² here. A).66 B).72 C).54 D).77 E).81

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The Answer of The following data have been collected for a simple linear regression analysis relating sales (y) to price (x): In applying the least squares criterion, the slope (b) and the intercept (a) for the best-fitting line are b = -12 and a = 162.Compute the value of r² here. A).66 B).72 C).54 D).77 E).81

The Following Data Have Been Collected for a Simple Linear