In an advertising study the researchers wanted to determine if there was a relationship between the per

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In an advertising study the researchers wanted to determine if there was a relationship between the per capita cost and the per capita revenue. The following variables were measured for a random sample of advertising programs:
xi = Cost of Advertisement, ÷ Number of Inquiries Received
yi = Revenue from Inquiries, ÷ Number of Inquiries Received
The sample data results are shown in the data file Advertising Revenue. Find the sample correlation and test, against a two-sided alternative, the null hypothesis that the population correlation is 0.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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