... Do Homework - Chapter 16 Homework mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=619919690&questionld=3&flushed=false&cld=6867684¢erwin=yes BUS/Econ 302 Stats II Tue 6PM Spring 2022 Sarah Grace Jackson 03/21/22 4:15 PM ? E Homework: Chapter 16 Question 3, 16.1.5-T HW Score: 67.95%, 26.5 of 39 points Homework Part 4 of 5 Points: 4.5 of 6 Save A data set of 5 observations for Concession Sales per person at a theater and Minutes before the movie begins results in the estimated regression model Sales = 4.4 + 0.267 Minutes. The standard error of the regression slope is 0.0454. Complete parts a through d below. a) Compute the value of the t-statistic to test if there is a significant relationship between Sales and Minutes. What are the hypotheses for this test? Ho: By HA: B1 * 0 Find the value of the t-statistic. t= 5.881 (Round to three decimal places as needed.) b) What are the degrees of freedom associated with the t-statistic? df = 3 (Type a whole number.) c) What is the P-value associated with the t-statistic? P-value = (Round to three decimal places as needed.) Help me solve this View an example Get more help - Clear all Check