The data shown below consists of the price (in dollars) of 7 events at a local venue and t of people who attended. Determine if there is significant linear correlation between tick number of attendees. Use a significance level of 0.05 and round all values to 4 decimal p Ticket Price Attendance 6. 172 10 160 14 190 18 183 22 157 26 169 30 158

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 2BGP
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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 Attendance
172
10
160
14
190
18
183
22
157
26
169
30
158
34
179
38
185
Note that Ho: p = 0; Ha:p7 0.
Find the Linear Correlation Coefficient: r =
Find the p-value: p =
The p-value is
OLess than (or equal to) a.
Greater than a.
The p-value leads to a decision to
Reject Ho.
ODo Not Reject H9.
Accent H.
Transcribed Image Text: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 Attendance 172 10 160 14 190 18 183 22 157 26 169 30 158 34 179 38 185 Note that Ho: p = 0; Ha:p7 0. Find the Linear Correlation Coefficient: r = Find the p-value: p = The p-value is OLess than (or equal to) a. Greater than a. The p-value leads to a decision to Reject Ho. ODo Not Reject H9. Accent H.
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