"What is theP-value? and Construct a95% confidence interval for the population slope? Please also explain how each are used"

Take a Test - Chun Hei Anson Lam - Work - Microsoft Edge X https://www.mathxl.com/Student/PlayerTest.aspx?testld=227813440¢erwin=yes 33116 2021 Autumn (1) Chun Hei Anson Lam & | 23/05/21 6:12 PM Quiz: SDA 10 Graded Submit Quiz This Question: 1 pt 2 of 10 This Quiz: 10 pts possible The MINITAB output shown below is the result of a regression analysis for 32 homes relating y = selling price (in dollars) to x = the size of the house (in square feet). Answer parts a-c. Predictor Coef SE Coef T P Constant 9018 10496 0.859 0.397 Size 62.291 9.529 6.537 0.000 Using the given data, determine the test statistic t. t= 6.54 What is the P-value? P-value = (Round to three decimal places as needed.) Use the P-value and a significance level of 0.05 to form a conclusion. O Fail to reject Ho and conclude that the variables could be independent. Reject Ho and conclude that the variables are dependent. b. Construct a 95% confidence interval for the population slope. ) (Round to two decimal places as needed.) c. A builder claimed that the selling price increases $100, on the average, for every extra square foot. Based on (b), is this a valid conclusion? O No O Yes Click to select your answer(s). Save for Later Type here to search O OR 10 407) ENG 6:13 PM 23/05/2021