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The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attended. Determine
The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price and number of attendees. Use a significance level of 0.05 and round all values to 4 decimal places. Ticket Price Attendence 6 144 10 147 14 138 18 144 22 143 26 143 30 140 34 135 38 130 Ho: p = 0 Ha: p = 0 Find the Linear Correlation Coefficient Find the p-value p-value = The p-value is Greater than C Less than (or equal to) o The p-value leads to a decision to O Reject Ho O Accept Ho O Do Not Reject HoThe conclusion is Q There is a significant negative linear correlation between ticket price and attendance. 0 There is a significant positive linear correlation between ticket price and attendance. C! There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance. 0 There is a significant linear correlation between ticket price and attendance
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