Question

Following are the age and price data for Corvettes from Exercise.
At the 5% level of significance, do the data provide sufficient evidence to conclude that age and price of Corvettes are negatively linearly correlated?
Presuming that the assumptions for regression inferences are met, perform the required correlation t-tests, using either the critical-value approach or the P-value approach.


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  • CreatedAugust 13, 2015
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