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Please answer...)9) An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The

Please answer...)9)

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An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for a sample of 25 apartments is available below. Perform a t test for the slope to determine if a significant line relationship between the size and the rent exists. a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent? b. Construct a 95% confidence interval estimate of the population slope, P, i Size and Rent Data Click the icon to view the data. a. Determine the hypotheses for the test. Choose the correct answer below. Size (square feet) Rent ($) O A. Ho: Bo= 0 840 1,925 OB. Ho: P, 20 1,440 2,650 H ,: B , O H, P, #0 1,495 2,725 1,126 2,675 Find the test statistic. 726 1,945 690 1.900 STAT = (Round to two decimal places as needed.) 956 2,125 1,110 2.400 What is the p-value? 1,285 2.625 1,975 3.300 p-value = (Round to three decimal places as needed.) 1,359 2.800 1,165 2.400 Reach a decision. 1,235 2.425 1,235 2.100 Ho- There is Y evidence to conclude that there is a linear relationship between the size of the apartment and the monthly rent. 1,259 2.700 1,150 2,175 b. The 95% confidence interval is sp, s 886 2,150 1,361 2,575 (Round to four decimal places as needed.) 1,050 2.650 745 2,225 990 1,800 1,210 2,775 Click to select your answer(s) Print Done MacBook Air

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