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. Question 30 Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars).

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. Question 30 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 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 3 23 A 21 5 25 6 21 7 19 8 23 9 29 Ho: p = 0 Ha: p = 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is O Greater than o O Less than (or equal to) aThe p-value leads to a decision to O Reject Ho Cl Accept Ho Q Do Not Reject Ho The conclusion is C) There is a significant linear correlation between advertising expense and profit. Q There is a significant positive Linear correlation between advertising expense and profit. 0 There is a significant negative linear correlation between advertising expense and profit. 0 There is insufficient evidence to make a conclusion about the linear correlation between advertising expense and profit

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