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 0.01 and round all values to 4 decimal places. Ticket Price Attendence 151 10 171 14 153 18 158 22 126 26 184 30 105 34 180 38 95 42 153 Ho: p = 0 На: р < 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is O Greater than a O Less than (or equal to) a The p-value leads to a decision to O Do Not Reject Ho O Reject Ho О Аcсept Ho The conclusion is O 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 price and attendance. O There is a significant positive linear correlation between ticket price and attendance. There is a significant linear correlation between ticket price and attendance.
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 0.01 and round all values to 4 decimal places. Ticket Price Attendence 151 10 171 14 153 18 158 22 126 26 184 30 105 34 180 38 95 42 153 Ho: p = 0 На: р < 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is O Greater than a O Less than (or equal to) a The p-value leads to a decision to O Do Not Reject Ho O Reject Ho О Аcсept Ho The conclusion is O 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 price and attendance. O There is a significant positive linear correlation between ticket price and attendance. There is a significant linear correlation between ticket price and attendance.
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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