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

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.