The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attend

[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 (56.06 KiB) Viewed 106 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 negative linear correlation between ticket price and number of attendees. Use a significance level of 0.01 and round all values to 4 decimal places. Ticket Price 6 10 14 18 22 26 Ho: p=0 Ha: p < 0 Find the Linear Correlation Coefficient TH Find the p-value p-value= Attendence 150 143 144 137 143 141 The p-value is O Less than (or equal to) a Greater than a The p-value leads to a decision to O Accept Ho Do Not Reject Ho Reject Ho A The conclusion is There is a significant positive linear correlation between ticket price and attendance. O There is a significant linear correlation between ticket price and attendance. O 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.