Question 3Ticket Price610141822263034The 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.r =Find the p-valuep-value=Ho: p = 0Ha: p < 0Find the Linear Correlation CoefficientThe p-value is<Attendence146146144139144144130134O Greater than aO Less than (or equal to) a>The p-value leads to a decision toO Accept HoO Reject HoDo Not Reject HoThe conclusion isO There is a significant linear correlation between ticket price and attendance.O There is insufficient evidence to make a conclusion about the linear correlation between ticket priceand attendance.There is a significant positive linear correlation between ticket price and attendance.O There is a significant negative linear correlation between ticket price and attendance.

Given, Data consists of 8 elements in that 2 columns are there. price of events and number of people…

Answered: The data shown below consists of the…

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 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 6 170 10 151 14 171 18 160 22 172 26 179 30 130 Но: р %3D 0 Ha: p = 0 Find the Linear Correlation Coefficient Find the p-value p-value = The p-value is O Less than (or equal to) a O Greater than a
tab Determine if there is a significant correlation between the sets of data at a 10% significance level. 31 29 57 35 60 62 49 62 50 35 37 32 57 20 X y 55 38 Negative Critical Value, tcrit Submit Question esc Positive Critical Value, tcrit Test Statistic, ttest C 2 F Test Conclusion: Reject Ho. There is enough evidence to suggest a significant (positive or negative) linear correlation between the data sets. W = Fail to Reject Ho. There is not enough evidence to suggest a significant (positive or negative) linear correlation between the data sets. 3 H [three decimal accuracy] [three decimal accuracy] [three decimal accuracy] a E A 4 do *5 R T < 6 Y
You wish to determine if there is a positive linear correlation between the age of a driver and the number of driver deaths. The following table represents the age of a driver and the number of driver deaths per 100,000. Use a significance level of 0.05 and round all values to 4 decimal places. Driver Age Number of Driver Deaths per 100,000 21 19 27 20 58 31 77 31 47 24 50 26 Ho: ρ = 0Ha: ρ > 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Greater than αα Less than (or equal to) αα The p-value leads to a decision to Reject Ho Accept Ho Do Not Reject Ho
Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. x 3 7 15 32 75 y 40 35 30 26 18 (a) Make a scatter diagram of the data and visualize the line you think best fits the data. Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website. (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative moderate and negative strong and positive low and negative low and positive moderate and positive (c) Use a calculator to verify that Σx = 132, Σx2 = 6932, Σy = 149, Σy2 = 4725, and Σxy = 2997. Compute r. (Round your answer to three decimal places.)r = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to…
You wish to determine if there is a linear correlation between the age of a driver and the number of driver deaths. The following table represents the age of a driver and the number of driver deaths per 100,000. Use a significance level of 0.01 and round all values to 4 decimal places. Driver Age Number of Driver Deaths per 100,000 65 27 34 27 76 24 55 34 71 21 49 24 34 36 27 19 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 Reject Ho Accept Ho Do Not Reject Ho The conclusion is There is a significant positive linear correlation between driver age and number of driver deaths. There is a significant linear correlation between driver age and number of driver deaths. There is a significant negative linear correlation between driver age and number of driver deaths. There is insufficient evidence to make a…
A food truck owner recorded the temperature at noon, in degrees Fahrenheit, and the number of bowls of soup sold during the lunch hour for a random sample of 5 days. The data are shown in the following table. Temperature (degrees Fahrenheit) 57 75 43 68 67 Number sold 17 12 20 8 13 The mean temperature of the sample is 62 degrees Fahrenheit, and the mean number sold is 14. What is the correlation between the temperature and the number sold? A -0.85 B -0.68 0.68 D 0.73 E 0.85
Use the data values in the table below to calculate the correlation between the variables x and y. Submit the link through Canvas to either a photo of your work on paper or a link to a google sheet. y 4 27.22 5 23.83 6 23.94 7 22.85 8 20.96 9 17.07 10 14.68 11 16.49 12 14.6 Give your answer to three decimal places.
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. Ticket Price Attendence 6. 109 10 114 14 139 18 142 22 139 26 132 30 154 Но: = 0 На: р Find the Linear Correlation Coefficient r = Find the p-value p-value = %3D The p-value is Less than (or equal to) a Greater than a The p-value leads to a decision to Reject Ho Аcсept Ho Do Not Reject Ho The conclusion is There is a significant 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 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 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 6 196 10 148 14 100 18 173 22 189 26 134 Ho: ρ = 0Ha: ρ < 0 Find the Linear Correlation Coefficient r = Find the p-value p-value =
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The accompanying table lists the ages of acting award winners matched by the years in which the awards were won. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value of r. Determine whether there is sufficient evidence to support a claim of linear correlation between the two variables. Should we expect that there would be a correlation? Use a significance level of a=0.05. Click the icon to view the ages of the award winners. Construct a scatterplot. Choose the correct graph below. A. 20- 20 E 70 OB. 70- 20+ 20 70 Best Actress (years) The linear correlation coefficient is r= (Round to three decimal places as nee Best Actress (years) Best Actresses and Best Actors Best Actress 28 31 30 64 31 Best Actor 44 39 37 43 49 33 46 47 56 OC. COD. Q 70- 20 20 Best Actress (years) 30 59 23 42 53 442 52 39 56 44 34 70 20 20 70 Best Actress (years)
The accompanying table lists the ages of acting award winners matched by the years in which the awards were won. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value of r. Determine whether there is sufficient evidence to support a claim of linear correlation between the two variables. Should we expect that there would be a correlation? Use a significance level of a = 0.01. Click the icon to view the ages of the award winners. Construct a scatterplot. Choose the correct graph below. OA. 70- Best Actor (years) 20+ 20 Q [ 70 Best Actress (years) The linear correlation coefficient is r= ☐ (Round to three decimal places as needed.). B. OC. Q 70- 70- Q 20- 20 20- 70 20 70 Best Actress (years) Best Actress (years) Best Actresses and Best Actors Best Actress 29 29 28 57 31 32 45 28 63 22 42 51D Best Actor 45 39 39 47 51 49 64 48 38 55 43 34 O D. 70- Q G 20 20 70 Best Actress (years)

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