The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. C
Posted: Thu May 05, 2022 9:05 pm
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 find the P-value using a 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables? 404 305 Selling Price (x) List Price (y) 380 434 455 478 318 353 418 333 410 316 390 437 487 475 321 366 432 342 What are the null and alternative hypotheses? OA H₂ p=0. OB. Ho: p=0 H₁: p<0 H₁: p>0 G. M₂: p=0 OD. H₂PO H₁: p=0 H₂ po A Construct a scatterplot. Choose the correct graph below. mi OB 500 500 500- 500 400 400 plat twe de Here The linear correlation coefficient ris The linear correlation coefficient ris (Round to three decimal places as needed.) The test statistic tis (Round to three decimal places as needed) The P-value is (Round to three decimal places as needed.) sufficient evidence to support the claim that there is a linear correlation between sellin Because the P-value is than the significance level 0.05, there price (in hundred thousands) and the list price (in hundred thousands) of homes sold for a significance level of a 0.05 MIL