Students Course Catalog - Middlese b Answered: It has been det M MyOpenMath Assessr m/assessment/showtest.php?action=skip&to=14 Show Intro/Instructions where not met in 200 iterations Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant negative linear correlation between advertising cost and profit. Use a significance level of 0.01 and round all values to 4 decimal places. Advertising Cost Profit 23 4 19 18 6. 18 31 22 9. 26 10 32 11 23 12 36 Ho: p = 0 Ha: p <0 Find the Linear Correlation Coefficient Find the p-value p-value = The p-value is OLess than (or equal to) a O Greater than a The p-value leads to a decision to ODo Not Reject Ho O Reject Ho O Accept Ho The conclusion is Mibentii

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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Students
Course Catalog - Middlese
b Answered: It has been det M MyOpenMath Assessr
m/assessment/showtest.php?action=skip&to=14
Show Intro/Instructions
where not met in 200 iterations
Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in
millions of dollars). Determine if there is a significant negative linear correlation between advertising cost and profit.
Use a significance level of 0.01 and round all values to 4 decimal places.
Advertising Cost
Profit
23
4
19
18
6.
18
31
22
9.
26
10
32
11
23
12
36
Ho: p = 0
Ha: p <0
Find the Linear Correlation Coefficient
Find the p-value
p-value =
The p-value is
OLess than (or equal to) a
O Greater than a
The p-value leads to a decision to
ODo Not Reject Ho
O Reject Ho
O Accept Ho
The conclusion is
Mibentii
Transcribed Image Text:Students Course Catalog - Middlese b Answered: It has been det M MyOpenMath Assessr m/assessment/showtest.php?action=skip&to=14 Show Intro/Instructions where not met in 200 iterations Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant negative linear correlation between advertising cost and profit. Use a significance level of 0.01 and round all values to 4 decimal places. Advertising Cost Profit 23 4 19 18 6. 18 31 22 9. 26 10 32 11 23 12 36 Ho: p = 0 Ha: p <0 Find the Linear Correlation Coefficient Find the p-value p-value = The p-value is OLess than (or equal to) a O Greater than a The p-value leads to a decision to ODo Not Reject Ho O Reject Ho O Accept Ho The conclusion is Mibentii
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