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An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for

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An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for a sample of 25 apartments rs available below. Perform a t test for the slope to determine if a signicant linear relationship between the Size and the rent exists. a. At the 0.05 level of signicance. is there evidence of a linear relationship between the size of the'apartment and the monthly rent? . b. Construct a 95% condence interval estimate of the population slope. [31. Click the icon to view the data. _- _ _ a. Determine the hypotheses for the test. Choose the correct answer below. OA. H01B1=0 OB. Hozizo H5131\") H1:B10 Find the test statistic. lawn: 11 (Round to two decimal places as needed.) What is the p-value? Size and rent data pvalue = D (Round to three decimal places as needed.) Reach a decision. , Fr... ______ Size (square feet) r E H0. There is E evidence to conclude that th i 350 1.460 the monthly rent. 1 .095 b. The 95% condence interval is D s p. s E]. ' 1,33: (Round to four decimal places as needed.) 1 485 1.126 736 700 956 1.100 1.275 1.985 1.359 1.165 1.235 1.255 1.259 1.160 896 1.351 1.040 755 990 1.210

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