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LAB #8 for MATH 1650 Chapter 10 The paired data below consist of the costs of advertising (in thousands of dollars) and the number of
LAB #8 for MATH 1650
Chapter 10
- The paired data below consist of the costs of advertising (in thousands of dollars) and the number of products sold (in thousands): (Use a significant level of 0.05)
Cost | 9 | 2 | 3 | 4 | 2 | 5 | 9 | 10 |
Number | 85 | 52 | 55 | 68 | 67 | 86 | 83 | 73 |
Create a scatter graph. Does there seem to be visual evidence of correlation: _____________
If so, is the correlation positive or negative? _______________________
Write the Null and alternative hypothesis for correlation
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