Question: PLS HELPPPPPP Question 30 The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of
PLS HELPPPPPP

Question 30 The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price and number of attendees. Use a significance level of 0.05 and round all values to 4 decimal places. Ticket Price Attendence 137 10 112 14 166 18 160 22 145 26 178 30 103 34 171 Ho: B1 = 0 HA: B1 # 0 Find the Linear Correlation Coefficient F = Find the p-value p-value = The p-value is Greater than a Less than (or equal to) a The p-value leads to a decision to Reject Ho Do Not Reject Ho Accept Ho The conclusion is There is a significant positive linear correlation between ticket price and attendance. There is a significant linear correlation between ticket price and attendance. There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance. There is a significant negative linear correlation between ticket price and attendance. Question Help: Post to forum Submit Question @ # tA 2 4 15 8 Q W R T Y U tab
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
