In Chapter 10 it was demonstrated that there was a significant linear relationship between the numbers of releases that a motion picture studio put out and its gross receipts for the year. Is there a relationship between the two at the 0.05 level of significance?

Perform these steps.
a. Find the Spearman rank correlation coefficient.
b. State the hypotheses.
c. Find the critical value. Use α = 0.05.
d. Make the decision.
e. Summarize the results.
Use the traditional method of hypothesis testing unless otherwise specified.

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No. of releases 361 270 306 22 35 10 8 12 21 Receipts 2844 1967 1371 1064 667 241 188 154 125