Research Scenario #3: A study was conducted to determine what factors are related to sale prices of antique clocks at auction. A sample of 32 clocks recently sold at auction were identified, and the age of the clocks (in years), number of bidders on the clocks, and final sale price (in Canadian dollars) of the clocks were recorded. The auctioneer wants to know if age of clock and/or number of bidders is related to the clocks' final sale prices. [10 marks total]

3e) What assumptions (if any) must be tested to use this analysis? (2 marks)

• Test any assumptions as needed and include:
• (i) the jamovi output for these tests,
• (ii) a written statement of whether each assumption was met or not, AND
• (iii) a brief explanation of the evidence you used to make that decision.
• If no assumptions are needed for this test you may simply state this

3f) Run the chosen analysis and copy/paste or paste screenshots of the relevant jamovi output here. (1 mark)

3g) What decision would you make about the null hypothesis(es) using = .01? (1 mark)

3h) Write conclusion of the results. (2 marks)

Data:

Clock #,Clock Age,# Bidders,Price

1,127,13,1235

2,115,12,1080

3,127,7,845

4,150,9,1522

5,156,6,1047

6,182,11,1979

7,156,12,1822

8,132,10,1253

9,137,9,1297

10,113,9,946

11,137,15,1713

12,117,11,1024

13,137,8,1147

14,153,6,1092

15,117,13,1152

16,126,10,1336

17,170,14,2131

18,182,8,1550

19,162,11,1884

20,184,10,2041

21,143,6,854

22,159,9,1483

23,108,14,1055

24,175,8,1545

25,108,6,729

26,179,9,1792

27,111,15,1175

28,187,8,1593

29,111,7,785

30,115,7,744

31,194,5,1356

32,168,7,1262