E] V G 0 Ewebassignnet ('1 '1] + SE Applications | Rapidldentity ') Chapter 14 Quiz a Chapter 14 Quiz - BU5220 W01 Introduction To Business Statistics [FA2'I], Fall", ' an ' may (0) 2.22 72,000 2.29 48,000 2.57 72,000 2.59 62,000 2.77 08,000 2.85 96,000 3.12 133,000 3.35 130,000 3.66 157,000 3.68 162,000 (a) Develop a scatter diagram for these data with college GPA as the independent variable. 190000 190000 mono mm mono mono moon 4 1 mm , _ 3.100000 . , 3.100000 . . Emotion 3.100000 _. a wood 5 mm -. a 00000 . . a 00000 , , a 50000 _. a wow 0 wow , a wow . - 40000 , . 40000 . - 40000 40000 1...... _ - mm , mm a... an 0 an 0 an a an Q What does the scatter diagram indicate about the relationship between the two variables? The scatter diagram indicates a negative linear relationship between GPA and salary. The scalxer diagram indicates a nonlinear relationship between GPA and salary. The scatter diagram indieates a positive linear relationship between GPA and salary. The scatter diagram indicata no apparent relationship between GPA and salary. (b) Use these data to develop an estimated regression equation that can be used to predict annual salary 10 years after graduation given college GPA, (Let x = GPA, and let y = salary (ln 3). Round your numerical values to the nearest integer.) y (c) At the 0.05 level of signicance, does there appear to be a signicant statistical relationship between the two variables? (Use the nest.) State the null and alternative hypotheses. H0: p0 - 0 Hat '0 s 0 Ho: 01 = 0 Ha: h a 0 Ho: 00 e 0 Ha: yo = 0 H0: 91 s 0 H3: ,1 = 0 H0: '1 2 0 Ha: p,