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Consider the relationship between the number of bids an item on eBay receives and the item's selling price. The following is a sample of 5

Consider the relationship between the number of bids an item on eBay receives and the item's selling price. The following is a sample of 5 items sold through auction:
Number of Bids: 8,12,14,15,19
Selling Price in Dollars: 18,26,44,47,50
Step 1 of 3: Calculate the correlation coefficient, r. Round to four decimal places.Step 2 of 3: What is the p-value for the test that there is no significant correlation (rho =0) vs. there is a significantcorrelation (rho not=0)? Round to 4 decimal places.Step 3 of 3: What do you conclude? Is there evidence of a significant correlation between Number of Bids and Selling Price in Dollars using a 5% significance level? Why or why not?A.) Yes, there is evidence of a significant correltion because the p-value is GREATER than alpha =5%.B.) No, there is not evidence of a significant correlation because the p-value is GREATER than alpha =5%.C.) Yes, there is evidence of a significant correlation because the p-value is LESS than alpha =5%.D.) No, there is not evidence of a significant correlation because the p-value is LESS than alpha =5%.

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