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 find the P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables? Selling Price (x) 405 379 433 459 476 317 352 418 334 305 316 411 388 435 485 476 325 365 435 345 List Price (y) What are the null and alternative hypotheses? OA. Ho: p=0 OB. Ho: p=0 H₁: p>0 H₁: p=0 OC. Ho: p=0 OD. Ho: p=0 H₁: p=0 H₁: p<0 Construct a scatterplot. Choose the correct graph below. O A. O C. Ay Q 500 500- b||||6| too O |||| HHHY 。。 400 o 400- ||||||ot lo G to 0 p 300- 300+ 300 400 500 The linear correlation coefficient r is. (Round to three decimal places as needed.) The test statistic tis (Round to three decimal places as needed.) The P-value is OB. 500- 400+ 300++ 300 Ay 6 o 6 (of 400 500 Q G Av O 0 d O 300 400 lo 500 Q G O D. 500+ 400- 300-P Ay 300 00 do 400 500 Q Q G
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 find the P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables? Selling Price (x) 405 379 433 459 476 317 352 418 334 305 316 411 388 435 485 476 325 365 435 345 List Price (y) What are the null and alternative hypotheses? OA. Ho: p=0 OB. Ho: p=0 H₁: p>0 H₁: p=0 OC. Ho: p=0 OD. Ho: p=0 H₁: p=0 H₁: p<0 Construct a scatterplot. Choose the correct graph below. O A. O C. Ay Q 500 500- b||||6| too O |||| HHHY 。。 400 o 400- ||||||ot lo G to 0 p 300- 300+ 300 400 500 The linear correlation coefficient r is. (Round to three decimal places as needed.) The test statistic tis (Round to three decimal places as needed.) The P-value is OB. 500- 400+ 300++ 300 Ay 6 o 6 (of 400 500 Q G Av O 0 d O 300 400 lo 500 Q G O D. 500+ 400- 300-P Ay 300 00 do 400 500 Q Q G
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
80
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 find the P-value using a = 0.05. Is there sufficient evidence
to conclude that there is a linear correlation between the two variables?
Selling Price (x)
305
379
459
476
317
352
418
334
D
405
411
433
435
List Price (y)
316
388
485
476
325
365
435
345
What are the null and alternative hypotheses?
O A. Ho: p#0
O B. Ho: p=0
H₁: p=0
H₁: p>0
O C. Ho: p=0
O D. Ho: p=0
H₁: p#0
H₁: p<0
Construct a scatterplot. Choose the correct graph below.
O A.
O C.
Q
500-
500+
▬▬▬▬▬▬ ▬▬
O
P
-0
400-
400-
300+
300+
Ay
b
to
0
。。
o
to
O
O
300
400
500
The linear correlation coefficient r is
(Round to three decimal places as needed.)
The test statistic t is
(Round to three decimal places as needed.)
The P-value is
B.
Ay
500++
400-
300+
300
o
O
O
O
O
O
oe
14
400
O
X
500
Q
C
Ау
2▬▬▬▬▬▬▬
+------H
o
b
300
too
O
O
C
+-+-+-+
O
▬▬▬▬
H
400
O
O
lo
Y
500
D.
Ау
500+
400-
300
Lo
300
d
o
00
O
°
400 500
Q
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