The following table shows the assessed values and the selling prices of eight houses constituting a random sample of all the the houses sold recently in a given metropolitan area. ***Fit a least squares line that will enabe us to predict the selling prices of a house in temrs of its assessed value, and test the null hyposthesis B=1.30 against alternative B> 1.30 at the level significance 0.05. ***Assessed value(in $1,00) 40.3, 72, 32.5, 44.8, 27.9, 51.6, 80.4, 58.

***Selling Price(in $1,00) 63.4, 118.3, 55.2, 74, 48.8, 81.1, 123.2, 92.5