A study was conducted to determine what factors are related to sale prices of antique clocks at auction. A sample of 32 clocks recently sold at auction were identified, and the age of the clocks (in years), number of bidders on the clocks, and final sale price (in Canadian dollars) of the clocks were recorded. The auctioneer wants to know if age of clock and/or number of bidders is related to the clocks' final sale prices.

a) What is a research question that you can answer from all these data? (1 mark)

b) What scale of measurements were used for each of your measured variables? (1 mark)

c) What is the appropriate analysis and why did you choose this analysis: (1 mark)

d) What are the null and alternative hypotheses for this analysis? (1 mark)

e) What decision would you make about the null hypothesis(es) using = .01? (1 mark)