Consider testing H0: β1 = 0 versus Ha: β1 = 0. Figure tells us that t = 30.5802 and that the related p-value is less than .001. Assuming that the bivariate normal probability distribution assumption holds, test H0: ρ = 0 versus Ha: ρ ≠ 0 by setting α equal to .05, .01, and .001. What do you conclude about how x and y are related?
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