=+a significance level of .05. What does your conclusion say about the nature of the relationship between

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=+a significance level of .05. What does your conclusion say about the nature of the relationship between x and y?

b. Consider the hypothesis H0

: b 5 40 versus Ha

: b . 40.

The null hypothesis states that the average change in sales revenue associated with a 1-unit increase in advertising expenditure is (at most) $40,000. Carry out a test using significance level .01.

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Related Book For  book-img-for-question

Statistics The Exploration And Analysis Of Data

ISBN: 9781111804138

6th Edition

Authors: John M Scheb, Jay Devore, Roxy Peck

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