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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 .05 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 thatp (rho) = 0?( Yes / No )
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