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please be sure and take your time :) Lori Franz, maintenance supervisor for the Baltimore Transit Authority, would like to determine whether there is a
please be sure and take your time :)
Lori Franz, maintenance supervisor for the Baltimore Transit Authority, would like to determine whether there is a positive relationship between the annual maintenance cost of a bus and its age. If a relationship exists, Lori feels that she can do a better job of forecasting the annual bus maintenance budget. She collects the data shown in Table P-5. a. Test for the significance of the slope coefficient at the .05 significance level. Is the correlation significant? A) H0:1=0,H1:1=0. Reject H0 because tSTAT=7.14>t-table =2.36 B) H0:1=0,H1:1=0. Don't reject H0 because t-STAT =7.14>t-table =2.36 C) H0:1=0,H1:1=0. Reject H0 because t-STAT =2.36
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