Wholesale prices 2020. In England and Wales, the horticulture section of the country reports the production of fruits and vegetables where their prices account for the averages of the most usual prices charged by wholesalers. Does the weekly percentage change inf luence the current weekly price for the 29 home-grown horticultural produces? Here is the regression output for the current weekly price and the weekly percentage change.

Variable Coefficient SE(Coeff) t-ratio P-value Intercept 1.4039 0.2661 5.2751 0.0000

% change -0.0067 0.0278 -0.2397 0.8124

a) State the hypotheses about the slope.

b) Perform the hypothesis test, and state your conclusion in context.

c) Using a statistics program and the provided data, check the assumptions and conditions.