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8. [0.36/1 Points] DETAILS PREVIOUS ANSWERS PODSTAT6COREQ 13.2.028.S. MY NOTES ASK YOUR TEACHER PRACTICE ANOT Consider the accompanying data on x = research and development

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8. [0.36/1 Points] DETAILS PREVIOUS ANSWERS PODSTAT6COREQ 13.2.028.S. MY NOTES ASK YOUR TEACHER PRACTICE ANOT Consider the accompanying data on x = research and development expenditure (millions of dollars) and y = growth rate (% per year) for eight different industries. X 2.023 5.037 0.906 3.571 1.157 0.327 0.378 0.191 Y 1.90 3.96 2.44 0.88 0.37 -0.90 0.49 1.01 In USE SALT (a) Would a simple linear regression model provide useful information for predicting growth rate from research and development expenditure? Test the appropriate hypotheses using a 0.05 significance level. Calculate the test statistic. (Round your answer to two decimal places.) t = Use technology to find the P-value for this test. (Round your answer to four decimal places.) P-value =

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