D) A hypothesis test was used to determine if there is evidence of a linear relationship between income and hours spent on the app. Does the output below suggest there is statistically significant evidence of a linear relationship using a significance level of 0.01? Write the appropriate conclusion. Art of Stat Output Parameter Estimate Standardt Error P- Statistic value 5.15 Intercept 18.82 3.653 0.0000 Slope (Income) -0.3391 0.143 -2.37 0.0223

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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D) A hypothesis test was used to determine if there is evidence of a linear relationship
between income and hours spent on the app. Does the output below suggest there is
statistically significant evidence of a linear relationship using a significance level of
0.01? Write the appropriate conclusion.
Art of Stat Output
Parameter Estimate Standardt
P-
Statistic value
Error
Intercept 18.82
3.653
5.15
0.0000
Slope
(Income)
-0.3391 0.143
|-2.37
0.0223
Transcribed Image Text:D) A hypothesis test was used to determine if there is evidence of a linear relationship between income and hours spent on the app. Does the output below suggest there is statistically significant evidence of a linear relationship using a significance level of 0.01? Write the appropriate conclusion. Art of Stat Output Parameter Estimate Standardt P- Statistic value Error Intercept 18.82 3.653 5.15 0.0000 Slope (Income) -0.3391 0.143 |-2.37 0.0223
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