-linear correlation coefficient r is und to three decimal places as needed.) test statistic t is und to three decimal places as needed.) P-value is und to three decimal places as needed.)
-linear correlation coefficient r is und to three decimal places as needed.) test statistic t is und to three decimal places as needed.) P-value is und to three decimal places as needed.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![The image contains the following text prompts for an educational context:
1. **The linear correlation coefficient \( r \) is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
2. **The test statistic \( t \) is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
3. **The P-value is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
There are no graphs or diagrams present in the image.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbe983b18-ee33-44db-82aa-7c6bfcc1e549%2Fead64fc4-4041-46db-8925-128bc8ce11b2%2Fudw0dzf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The image contains the following text prompts for an educational context:
1. **The linear correlation coefficient \( r \) is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
2. **The test statistic \( t \) is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
3. **The P-value is \[ \_\_\_\]**
- *Round to three decimal places as needed.*
There are no graphs or diagrams present in the image.
Transcribed Image Text:The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the linear correlation coefficient \( r \), and P-value using \( \alpha = 0.05 \). Is there sufficient evidence to conclude that there is a linear correlation between the two variables?
| Selling Price (x) | 400 | 301 | 376 | 434 | 459 | 477 | 319 | 352 | 417 | 330 |
|-------------------|-----|-----|-----|-----|-----|-----|-----|-----|-----|-----|
| List Price (y) | 412 | 315 | 387 | 440 | 488 | 480 | 324 | 368 | 434 | 341 |
\( H_1, \, \rho \neq 0 \)
\( H_1, \, \rho > 0 \)
Construct a scatterplot. Choose the correct graph below.
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