If the price of eggs differs by. 30 from one month to the next, by how much would you expect the price of milk to differ? Round the answer to two decimal places.

0.08

Explanation:

Regression equation:

y'=-0.2519 x+3.1163

slope coefficient=-0.2519

For each unit of increase in x, there will be on average decrease of 0.2519 in y.

So, if price of eggs (x) differs by 0.30, then there will be change in price of milk of = 0.30*0.2519=0.0756

To two decimal places

=0.08