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If you pay more in tuition to go to a top business school, will it necessarily result in a higher probability of a job offer
If you pay more in tuition to go to a top business school, will it necessarily result in a higher probability of a job offer at graduation? Let y = percentage of graduates with job offers and x = tuition cost; then fit the simple linear model, E(y) = [30 + 31x, to the data below. Is there sufficient evidence (at or = 0.10) of a positive linear relationship between y and x? School Annual tuition (5) % with Job Offer N _\\ O Give the null and alternative hypotheses for testing whether there exists a positive linear relationship between y and x? H03 [31 = H03 n = Ha:10 Ha:00 Find the test statistic. t= 1.44 (Round to two decimal places as needed.) Find the pvalue. p-value = Cl (Round to four decimal places as needed.)
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