A data set of 44 observations for Concession Sales per person at a theater and Minutes...
A data set of
44
observations for Concession Sales per person at a theater and Minutes before the movie begins results in the estimated regression model
ModifyingAbove Sales with caretSalesequals=4.24.2plus+0.2670.267
Minutes. The standard error of the regression slope is
0.04560.0456.
Complete parts a through d below.
a) Compute the value of the t-statistic to test if there is a significant relationship between Sales and Minutes.
What are the hypotheses for this test?
Upper H 0H0:
▼
beta 1β1
rhoρ
▼
less than<
less than or equals≤
equals=
greater than or equals≥
greater than>
not equals≠
0
Upper H Subscript Upper AHA:
▼
beta 1β1
rhoρ
▼
less than<
less than or equals≤
equals=
greater than or equals≥
greater than>
not equals≠
0
Homework Answers
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A data set of
44
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