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. 125 10 137 14 130 18 153 22 154 26 107 30 103 34 175 Ho: p = 0 Ha: p<0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Less than (or equal to) a Greater than a The p-value leads to a decision to Reject Ho O Accept Ho
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. 125 10 137 14 130 18 153 22 154 26 107 30 103 34 175 Ho: p = 0 Ha: p<0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Less than (or equal to) a Greater than a The p-value leads to a decision to Reject Ho O Accept Ho
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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