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Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there
Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant positive linear correlation between advertising cost and profit . Use a significance level of 0.01 and round all values to 4 decimal places. Advertising Cost Profit 28 29 15 27 19 CO 26 24 Ho: p = 0 Ha: p > 0 Find the Linear Correlation Coefficient r= Find the p-value p-value =
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