Question

Consider the coefficient of # Shows in the regression table of Exercise 14.
a) State the standard null and alternative hypotheses for the true coefficient of # Shows.
b) Test the null hypothesis (at α = 0.05) and state your conclusion.
c) A Broadway investor challenges your analysis. He points out that the scatterplot of Receipts vs. # Shows in Exercise 12 shows a strong linear relationship and claims that your result in part a can’t be correct. Explain to him why this is not a contradiction.


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  • CreatedMay 15, 2015
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