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.

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• where not met in 200 iterations
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
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.
O There is a significant linear correlation between ticket price and attendance.
Transcribed Image Text:• where not met in 200 iterations 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 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. O There is a significant linear correlation between ticket price and attendance.
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