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 linear correlation between ticket price and number of attendees. Use a significance level of 0.01 and round all values to 4 decimal places. Attendence 158 Ticket Price 136 151 10 14 18 108 22 159 26 173 Ho: p-0 Ha: p0 Find the Linear Correlation Coefficient Find the p-value p-value The p-value is OLess than (or equal to) a O Greater than a The p-value leads to a decision to OAccept Ho O Reject Ho O Do Not Reject Ho The conclusion is O There is a significant negative linear correlation between ticket price and attendance. OThere is a significant linear correlation between ticket price and attendance. O There is a significant positive 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.

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 linear correlation between ticket price and number of attendees. Use a significance level of 0.01 and round all values to 4 decimal places. Attendence 158 Ticket Price 136 151 10 14 18 108 22 159 26 173 Ho: p-0 Ha: p0 Find the Linear Correlation Coefficient Find the p-value p-value The p-value is OLess than (or equal to) a O Greater than a The p-value leads to a decision to OAccept Ho O Reject Ho O Do Not Reject Ho The conclusion is O There is a significant negative linear correlation between ticket price and attendance. OThere is a significant linear correlation between ticket price and attendance. O There is a significant positive 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.

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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The data shown below consists of the price (in dollars) of 11 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price and number of attendees. Use a significance level of 0.10 and round all values to 4 decimal places. Ticket Price Attendence 6 239 10 148 14 101 18 77 22 64 26 57 30 54 34 52 38 51 42 51 46 50 Ho: ρ = 0Ha: ρ ≠ 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Less than (or equal to) αα Greater than αα The p-value leads to a decision to Accept Ho Do Not Reject Ho Reject Ho The conclusion is There is no Significant Linear Correlation between ticket price and attendence. There is no Significant Correlation There is Significant Positive Linear Correlation between ticket price and attendence. There is Significant Linear Correlation between ticket price and attendence. There is Significant Negative Linear…
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 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 6 176 10 111 14 187 18 102 22 190 26 188 30 110 Ho: ρ = 0Ha: ρ ≠ 0 Find the p-value=
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 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 6 125 10 147 14 193 18 165 22 125 26 110 30 187 Ho: ρ = 0Ha: ρ ≠ 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Less than (or equal to) αα Greater than αα The p-value leads to a decision to Do Not Reject Ho Accept Ho Reject Ho The conclusion is There is a significant linear correlation between ticket price and attendance. There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance. There is a significant positive linear correlation between ticket price and attendance. There is a significant negative linear correlation…
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 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 6 10 14 18 22 26 30 r= Ho: p= 0 Ha: p=0 Find the Linear Correlation Coefficient Find the p-value p-value= Attendence 151 146 146 145 The p-value is 138 137 137 O Less than (or equal to) a O Greater than a The p-value leads to a decision to Accept Ho Reject Ho Do Not Reject Ho The conclusion is There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance. There is a significant negative linear correlation between ticket price and attendance. 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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