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The data is placed in an Excel spreadsheet. The spreadsheet is attached as Appendix A.
The second step for the linear regression process is to plot the information in a scatter diagram. Diagram 1-1 shows the results of the sales of the bakery.
Diagram 1-1
At first glance, the diagram shows there is not a lot of difference between the two sets of information even with a product offering for the health conscience consumer.
To understand the diagram better, we need to determine the coefficient of correlation. The coefficient of correlation describes the strength of the relationship between the two sets of information...
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