Question: As your boss is not interested in sorting through data on aspreadsheet, you will then write up a professional reportsummarizing your findings. This report should

 

As your boss is not interested in sorting through data on aspreadsheet, you will then write up a professional reportsummarizing your findings. This report should include yourscatterplot graph and any necessary tables. Within your report, inaddition to any appropriate introductions, conclusions, citations,etc. also discussion the following:
• Interpret the correlation coefficient.
• Discuss the hypothesis in order to determine whether thepopulation correlation between the two variables differs fromzero.
• What are the results of the hypothesis test in the context ofthis task (at the 5% significance level)?
• What is the sample regression equation that could enable your topredict property taxes on the basis of the size of a home?
• Using this, predict the property taxes for a home that is 1,500square ft.

This should be written as if you were writing a professionalreport to your employer.

Random SampleProperty TaxesSize Use Excel functions/tools to calculate thecorrelation coefficient, the value of the test statistic, andp-value. Also use Excel to generate a scatterplot with a linearregression line. Paste these results on this sheet.
1153332189
2166992005
3184402090
4156931000
5439885665
6336842573
7151872200
8167061964
9182252092
10160731380

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