Question: 1. Please find the test statistic t= please round to 2 decimal places. 2. P-Value = 3 decimal places.3. State Conclusion. An electronics retailer would

1. Please find the test statistic t= please round to 2 decimal places. 2. P-Value = 3 decimal places.3. State Conclusion.

An electronics retailer would like to investigate the relationship between the selling price of a digital camera and the demand for it. The table shown below gives the weekly demand for the camera in one particular market along with the corresponding price. These data have a sample correlation coefcient, rounded to three decimal places, of - 0.889. Using (1 = 0.05, test if the population correlation coefcient between the selling price and the demand for the camera is less than zero. What conclusions can you draw? Demand 1 6 1 8 1 5 1 0 9 91 Price $400 $410 $420 $430 $440 What are the correct null and alternative hypotheses? A. H0:p#0 B. H0:pSO H1:p=0 H1:p>0 C. H0:p=0 3D. H0:p20 H1:p#0 H1:p

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