Essentials of Statistics Books a la carte Plus NEW MyLab Statistics with Pearson eText - Access Card Package (5th Edition)
5th Edition
ISBN: 9780133892697
Author: Mario F. Triola
Publisher: PEARSON
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Chapter 10.2, Problem 18BSC
Testing for a
18. Auction Bids The author is a member of the board of directors of a nonprofit organization that held a fund-raising auction. He recorded the opening bids suggested by the auctioneer and the final winning bids for several items. The amounts are listed below. Is there sufficient evidence to conclude that there is a linear correlation between the opening bids suggested by the auctioneer and the final winning bids?
| Opening Bid | 1500 | 500 | 500 | 400 | 300 |
| Winning Bid | 650 | 175 | 12S | 275 | 125 |
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Chapter 10 Solutions
Essentials of Statistics Books a la carte Plus NEW MyLab Statistics with Pearson eText - Access Card Package (5th Edition)
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