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The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attend
Posted: Sun Jul 10, 2022 10:19 am
by answerhappygod
- The Data Shown Below Consists Of The Price In Dollars Of 7 Events At A Local Venue And The Number Of People Who Attend 1 (106.85 KiB) Viewed 90 times
The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price and number of attendees. Use a significance level of 0.05 and round all values to 4 decimal places. Ticket Price 6 10 14 18 22 26 30 34 Find the p-value p-value = Attendence 152 139 143 142 139 138 Ho: p = 0 Ha: p = 0 Find the Linear Correlation Coefficient The p-value is 139 131 O Less than (or equal to) a Greater than a The p-value leads to a decision to Reject Ho Accept Ho O Do Not Reject Ho The conclusion is There is a significant linear correlation between ticket price and attendance. There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance. There is a significant negative linear correlation between ticket price and attendance. There is a significant positive linear correlation between ticket price and attendance.