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Annual revenues are used to predict the value of a baseball franchise. A sample of 32 franchises was used. An analysis of variance of these
Annual revenues are used to predict the value of a baseball franchise. A sample of 32 franchises was used. An analysis of variance of these data showed that b_1 = 5.0346 and S_b_1 = 0.2165. At the 0.05 level of significance, is there evidence of a linear relationship between annual revenue and franchise value? Construct a 95% confidence interval estimate of the population slope. beta_1. Determine the hypotheses for the test. Choose the correct answer below. H_0: beta _0 lessthanorequalto 0 H_0: beta_0 > 0 H_0: beta_0 greaterthanorequalto 0 H_1: beta_0
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