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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
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 is available below. Perform a t test for the slope to determine if a significant linear relationship between the size and the rent exists.
a. At the 0.05 level of?significance, is there evidence of a linear relationship between the size of the apartment and the monthly?rent?
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