Question: consider the accompanying data on x = research and development expenditure thousands of dollars and y = growth rate % per year for eight different

consider the accompanying data on x = research and development expenditure thousands of dollars and y = growth rate % per year for eight different industries.

X 2027 5033 906 3567 1157 327 378 191

Y 1.90 3.96 2.44 0.88 0.37 -0.90 0.49 1.01

calculate the test statistic and P value for this test. use a table or technology. round your test statistic to one decimal place and your P value to three decimal places.

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