Using the data in Problem 4-10, test to see if there is a statistically significant relationship between

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Using the data in Problem 4-10, test to see if there is a statistically significant relationship between sales and YouTube views at the 0.05 level of significance. Use the formulas in this chapter and Appendix D.

In Problem 4-10, The operations manager of a musical instrument distributor feels that demand for a particular type of guitar may be related to the number of YouTube views for a music video by the popular rock group Marble Pumpkins during the preceding month. The manager has collected the data shown in the following table:

YouTube Guitar

Views (1,000s) Sales

30 .......... 8

40 ..........11

70 ..........12

60 ..........10

80 ..........15

50 ..........13

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Quantitative Analysis for Management

ISBN: 978-0133507331

12th edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha

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