Final answer:
There is a negative correlation between sales and price, indicating that sales decrease when prices rise. On the other hand, there is a positive correlation between sales and advertising expenditures, suggesting that sales increase with more advertising.
Step-by-step explanation:
The correlation between sales and price is negatively correlated with a value of -0.6, suggesting that when the price increases, sales tend to decrease, and vice versa. This indicates a negative relationship, also reflective of the general economic principle that higher prices tend to reduce quantity demanded. Conversely, the correlation between sales and advertising is 0.7, which suggests a positive relationship wherein increased advertising expenditures are associated with increased sales. This higher positive correlation coefficient indicates that advertising expenditure has a more significant positive impact on sales compared to the negative impact of price on sales.