Brand name products and the store brand products

Reference no: EM13337833

(a) If a store always prices its generic “store brand” products at 90% of the brand nameproducts’ prices, what would be the correlation between theprices of the brand name products and the store brand products?

(b) If the store always prices its generic products $1 less than the corresponding brand name products, then what would be thecorrelation between the prices of the brand name products and thestore brand products?

Reference no: EM13337833

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