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 positivelinear correlation between advertising cost and profit . Use a significance level of 0.01 and round all values to 4 decimal places.

Advertising Cost	Profit
3	28
4	15
5	29
6	31
7	21
8	28
9	22
10	33
11	30
12	34

Ho: = 0 Ha: > 0

Find the Linear Correlation Coefficient r =

Find the p-value p-value =

The p-value is

• Less than (or equal to)
• Greater than

The p-value leads to a decision to

• Accept Ho
• Reject Ho
• Do Not Reject Ho

The conclusion is

• There is a significant negative linear correlation between advertising expense and profit.
• There is a significant positive linear correlation between advertising expense and profit.
• There is a significant linear correlation between advertising expense and profit.
• There is insufficient evidence to make a conclusion about the linear correlation between advertising expense and profit.