(b) A grocery store collected sales data. It found that a change in price does not imply that people will buy more or less milk. What can we determine from this information? O There is no correlation between price and amount of milk bought. O There is a correlation between price and amount of milk bought. However, there is no causation. This is because there is likely a decrease in the amount of milk bought with an increase in the price. O There is a correlation between price and amount of milk bought. There may or may not be causation. Further studies would have to be done to determine this.
(b) A grocery store collected sales data. It found that a change in price does not imply that people will buy more or less milk. What can we determine from this information? O There is no correlation between price and amount of milk bought. O There is a correlation between price and amount of milk bought. However, there is no causation. This is because there is likely a decrease in the amount of milk bought with an increase in the price. O There is a correlation between price and amount of milk bought. There may or may not be causation. Further studies would have to be done to determine this.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.CR: Chapter 4 Review
Problem 88CR
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