Wedding Cost Attendance 62700 300 50000 350 47000 150 43000 200 35000 250 32500 150 28000 250 28000 300 26000 250 26000 200 25000 150 25000 200 22000 200 22000 200 20000 200 20000 200 19000 100 18000 150 18000 200 18000 150 17000 100 12000 100 12000 150 6000 50 3000 50   Interpret the values given in the test of the population slope. Use a 0.050.05 level of significance. State the null and alternative hypotheses the test.   Upper H 0H0​: ▼   beta 1β1 beta 0β0 ▼   equals= less than< greater than> not equals≠ enter your response here Upper H 1H1​: ▼   beta 1β1 beta 0β0 ▼   equals= less than< greater than> not equals≠ enter your response here ​(Type integers or decimals. Do not​ round.) Part 6 Identify the test statistic.   tequals=enter your response here ​(Round to two decimal places as​ needed.) Part 7 Identify the​ p-value.   The​ p-value is enter your response here. ​(Round to three decimal places as​ needed.) Part 8 State the conclusion.   ▼   Fail to reject Reject Upper H 0H0. There ▼   is sufficient is not sufficient evidence of a linear relationship between wedding cost 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
icon
Related questions
Question
Wedding Cost Attendance
62700 300
50000 350
47000 150
43000 200
35000 250
32500 150
28000 250
28000 300
26000 250
26000 200
25000 150
25000 200
22000 200
22000 200
20000 200
20000 200
19000 100
18000 150
18000 200
18000 150
17000 100
12000 100
12000 150
6000 50
3000 50
 
Interpret the values given in the test of the population slope. Use a
0.050.05
level of significance. State the null and alternative hypotheses the test.
 
Upper H 0H0​:
 
beta 1β1
beta 0β0
 
equals=
less than<
greater than>
not equals≠
enter your response here
Upper H 1H1​:
 
beta 1β1
beta 0β0
 
equals=
less than<
greater than>
not equals≠
enter your response here
​(Type integers or decimals. Do not​ round.)
Part 6
Identify the test statistic.
 
tequals=enter your response here
​(Round to two decimal places as​ needed.)
Part 7
Identify the​ p-value.
 
The​ p-value is
enter your response here.
​(Round to three decimal places as​ needed.)
Part 8
State the conclusion.
 
 
Fail to reject
Reject
Upper H 0H0.
There
 
is sufficient
is not sufficient
evidence of a linear relationship between wedding cost and attendance.
Expert Solution
steps

Step by step

Solved in 4 steps with 39 images

Blurred answer
Knowledge Booster
Business reports
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman