(c) Compute the correlation coefficient between the price and the number of pages. (Round your answer to four decimal places.)Test to see if x and y are related using the t-test. Use α = 0.10.State the null and alternative hypotheses. (Enter != for ‡ as needed.)Ho:H₂:Find the value of the test statistic. (Round your answer to three decimal places.)Find the p-value. (Round your answer to four decimal places.)p-value=What is your conclusion?Do not reject Ho. We cannot conclude that the relationship between x and y is significant.Reject Ho. We conclude that the relationship between x and y is significant.Do not reject Ho. We conclude that the relationship between x and y is significant.Reject Ho. We cannot conclude that the relationship between x and y is significant.OO Assume you have noted the following prices for books and the number of pages that each book contains.Book Pages (x)ŷABCDEFG500700750590560650475Price (y)$7.107.408.906.607.406.905.10(a) Develop a least squares estimated regression line. (Round your numerical values to five decimal places.)(b) Compute the coefficient of determination. (Round your answer to four decimal places.)Explain its meaning. (Give your answer as a percent. Round your answer to two decimal places.)The value of the coefficient of determination tells us thatline.% of the variability in --?--has been explained by the least squares

Given that By using excel regression excel > data > data analysis > regression > input…

Assume you have noted the following prices for books and the number of pages that each book contains. Book Pages (x) A B C D E F G 500 700 750 590 560 650 475 Price (y) $7.10 7.40 8.90 6.60 7.40 6.90 5.10

Assume you have noted the following prices for books and the number of pages that each book contains. Book Pages (x) A B C D E F G 500 700 750 590 560 650 475 Price (y) $7.10 7.40 8.90 6.60 7.40 6.90 5.10

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter1: Functions

Section1.2: The Least Square Line

Problem 8E

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Question

(c) Compute the correlation coefficient between the price and the number of pages. (Round your answer to four decimal places.)
Test to see if x and y are related using the t-test. Use α = 0.10.
State the null and alternative hypotheses. (Enter != for ‡ as needed.)
Ho:
H₂:
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value
=
What is your conclusion?
Do not reject Ho. We cannot conclude that the relationship between x and y is significant.
Reject Ho. We conclude that the relationship between x and y is significant.
Do not reject Ho. We conclude that the relationship between x and y is significant.
Reject Ho. We cannot conclude that the relationship between x and y is significant.
OO

Assume you have noted the following prices for books and the number of pages that each book contains.
Book Pages (x)
ŷ
A
B
C
D
E
F
G
500
700
750
590
560
650
475
Price (y)
$7.10
7.40
8.90
6.60
7.40
6.90
5.10
(a) Develop a least squares estimated regression line. (Round your numerical values to five decimal places.)
(b) Compute the coefficient of determination. (Round your answer to four decimal places.)
Explain its meaning. (Give your answer as a percent. Round your answer to two decimal places.)
The value of the coefficient of determination tells us that
line.
% of the variability in --?--has been explained by the least squares

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