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7. The selling price of used cars is thought to be related to the number of miles the car has been driven. Data was collected
7. The selling price of used cars is thought to be related to the number of miles the car has been driven. Data was collected for 100 cars and the correlation coefficient for the two variables was found to be -0.8052. Using a 5% level of significance and a hypothesis test for the correlation coefficient, is there a linear relationship between the two variables?
Using excel and show functions if possible
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