The data shown below consists of the price (in dollars) of 7 events at a local venue and the number ofpeople who attended. Determine if there is significant negative linear correlation between ticket price andnumber of attendees. Use a significance level of 0.05 and round all values to 4 decimal places.Ticket PriceAttendence6190101951418318153221872615030150Ho: p = 0На: р < 0Find the Linear Correlation Coefficientr =Find the p-valuep-value =The p-value isO Less than (or equal to) aO Greater than aThe p-value leads to a decision toО Ассеpt HoO Do Not Reject HoO Reject HoThe conclusion isO There is a significant negative linear correlation between ticket price and attendance.O There is insufficient evidence to make a conclusion about the linear correlation between ticket priceand attendance.O There is a significant linear correlation between ticket price and attendance.O There is a significant positive linear correlation between ticket price and attendance.

Correlation: The correlation value is obtained using EXCEL. The software procedure is given below:…

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 negative linear correlation between ticket price and number of attendees. Use a significance level of 0.05 and round all values to 4 decimal places. Attendence Ticket Price 6 10 190 195 183 14 18 22 153 187 26 30 150 150 Но: р 0 На: р « 0

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 negative linear correlation between ticket price and number of attendees. Use a significance level of 0.05 and round all values to 4 decimal places. Attendence Ticket Price 6 10 190 195 183 14 18 22 153 187 26 30 150 150 Но: р 0 На: р « 0

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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