3. Pickseason online store in ShopLaz is having problems with their sales trend this past few months. The owner of the store wants to determine if there is a relationship between their ads budget and sales per week. A sample of 10 weeks worth of data are indicated below. Given the table below, compute for the sample correlation coefficient. b. At 95% level of confidence, is there enough evidence to say that there is linear a. relationship between the budget the store put in ads and their sales per week?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 24PFA
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Question
Week
Ads Budget
Sales
1
600
400809
200
268382
450
273899
399
150399
259
100203
780
500389
7
980
560000
8
1000
374890
9.
3000
750000
10
270
50000
Transcribed Image Text:Week Ads Budget Sales 1 600 400809 200 268382 450 273899 399 150399 259 100203 780 500389 7 980 560000 8 1000 374890 9. 3000 750000 10 270 50000
3.
Pickseason online store in ShopLaz is having problems with their sales trend this past few
months. The owner of the store wants to determine if there is a relationship between their ads budget
and sales per week. A sample of 10 weeks worth of data are indicated below.
Given the table below, compute for the sample correlation coefficient.
b. At 95% level of confidence, is there enough evidence to say that there is linear
relationship between the budget the store put in ads and their sales per week?
а.
Transcribed Image Text:3. Pickseason online store in ShopLaz is having problems with their sales trend this past few months. The owner of the store wants to determine if there is a relationship between their ads budget and sales per week. A sample of 10 weeks worth of data are indicated below. Given the table below, compute for the sample correlation coefficient. b. At 95% level of confidence, is there enough evidence to say that there is linear relationship between the budget the store put in ads and their sales per week? а.
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