Question
The Director of Education at George Brown College, is concerned about the cost of textbooks to students. She believes there is a relationship between the
The Director of Education at George Brown College, is concerned about the cost of textbooks to students. She believes there is a relationship between the number of pages in the textbook and the selling price of the book.
At a .01 significance level, is there a correlation between the number of pages in the textbook and its price?
To provide insight into the problem she selects a sample of eight textbooks currently on sale in the bookstore. See table below.
Answer the following :
What is the correlation between the number of pages and the selling price of the book?(for your answer use a period and two decimals)
What is thetcritical value? (for your answer use a period and two decimals)
What is thetcalculated value?(for your answer use a period and two decimals)
Can we infer that p (rho) = 0?( Yes / No )
Book Name. Number of Pages. Price ($)
Intro to History. 400 50
Basic Algebra 600 20
Intro to Psychology 700 80
Intro to Sociology 500 30
Business Management 300 60
Intro to Biology 400 50
Fundamentals of Jazz 500 22
Principles of Nursing 700 33
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