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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 negativelinear 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
6 132
10 169
14 134
18 97
22 187
26 156
30 106
34 105

Ho: = 0 Ha: < 0

Find the Linear Correlation Coefficient r =

Find the p-value p-value =

The p-value is

  • Greater than
  • Less than (or equal to)

The p-value leads to a decision to

  • Reject Ho
  • Accept Ho
  • Do Not Reject Ho

The conclusion is

  • There is a significant negative linear correlation between ticket price and attendance.
  • There is a significant positive linear correlation between ticket price and attendance.
  • There is a significant linear correlation between ticket price and attendance.
  • There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance.

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