Question:

Data for price and thickness of soap is entered into a

Last updated: 3/2/2023

Data for price and thickness of soap is entered into a

Data for price and thickness of soap is entered into a statistics software package and results in a regression equation of 0 4 0 2x What is the correct interpretation of the slope if the price is the response variable and the thickness is an explanatory variable O The price of the soap decreases by 0 40 on average when the thickness increases by 1 cm The price of the soap decreases by 0 20 on average when the thickness increases by 1 cm O The price of the soap increases by 0 40 on average when the thickness increases by 1 O cm The price of the soap increases by 0 20 on average when the thickness increases by 1 O cm