-linear correlation coefficient r is und to three decimal places as needed.) test statistic t is und to three decimal places as needed.) P-value is und to three decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 4SGR
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The linear correlation coefficient ris
(Round to three decimal places as needed.)
The test statistic t is
(Round to three decimal places as needed.)
The P-value is
(Round to three decimal places as needed.)
Transcribed Image Text:The linear correlation coefficient ris (Round to three decimal places as needed.) The test statistic t is (Round to three decimal places as needed.) The P-value is (Round to three decimal places as needed.)
The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the linear correlation coefficient r, and
P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables?
Selling Price (x)
List Price (y)
H₁: p#0
400
412
Construct a scatterplot. Choose the correct graph below.
301
315
376
387
434
440
459
488
H₁ p > 0
477
480
319
324
352
368
417
434
330
341
Transcribed Image Text:The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the linear correlation coefficient r, and P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables? Selling Price (x) List Price (y) H₁: p#0 400 412 Construct a scatterplot. Choose the correct graph below. 301 315 376 387 434 440 459 488 H₁ p > 0 477 480 319 324 352 368 417 434 330 341
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