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connect Homework 10.1 - 10.2 /MATH whoon Question 4 of 4 Oil and Gas Prices The average gasoline price per gallon (in cities) and the

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connect Homework 10.1 - 10.2 /MATH whoon Question 4 of 4 Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown for a random selection of weeks in 2015. Is there a linear relationship between the variables? Use a TI-83 Plus/TI-84 Plus calculator. oil (S) 72.74 81.22 63.26 55.36 68.19 47.61 Gasoline ($) 2.754 3.083 2.806 2 311 2.464 2.309 (a) State the hypotheses. (b) Draw the scatter plot for the variables. (c) Use the LinRegTrest feature to find the correlation coefficient. (d) Test the significance of the correlation coefficient at a = 0.01, (e) Give a brief explanation of the type of relationship. Part 1 of 5 (a) State the hypotheses. H , Part 3 of 5 (c) Compute the value of the correlation coefficient and test its significance at a = 0.01. Round the answer to at least three decimal places. Part 4 of 5 (d) Find the P-value. Round the answer to at least three decimal places. P-value - Part 5 of 5 (e) Give a brief explanation of the type of relationship. There a significant relationship between the price of a barrel of oil and the price of a gallon of gasoline. Blank 1 Options is not 1021 MoDraw Hill LLC. All Rights Reserved

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