Do students with higher college grade point averages (GPAs) earn more than those graduates with lower GPAs?† Consider the following hypothetical college GPA and salary data (10 years after...


Do students with higher college grade point averages (GPAs) earn more than those graduates with lower GPAs?† Consider the following hypothetical college GPA and salary data (10 years after graduation).
















































GPASalary ($)
2.2272,000
2.2948,000
2.5772,000
2.5964,000
2.7786,000
2.8596,000
3.12133,000
3.35130,000
3.66157,000
3.68162,000



What does the scatter diagram indicate about the relationship between the two variables?


The scatter diagram indicates a negative linear relationship between GPA and salary.

The scatter diagram indicates no apparent relationship between GPA and salary.

The scatter diagram indicates a nonlinear relationship between GPA and salary.

The scatter diagram indicates a positive linear relationship between GPA and salary.





(b)


Use these data to develop an estimated regression equation that can be used to predict annual salary 10 years after graduation given college GPA. (Letx = GPA, and lety = salary (in $). Round your numerical values to the nearest integer.)

ŷ =








(c)


At the 0.05 level of significance, does there appear to be a significant statistical relationship between the two variables? (Use theF test.)

State the null and alternative hypotheses.



H
0: ?1 ≠ 0

H
a: ?1 = 0



H
0: ?1 = 0

H
a: ?1 ≠ 0



H
0: ?0 = 0

H
a: ?0 ≠ 0



H
0: ?1 ≥ 0

H
a: ?1 <>



H
0: ?0 ≠ 0

H
a: ?0 = 0


Find the value of the test statistic. (Round your answer to two decimal places.)


Find thep-value. (Round your answer to three decimal places.)


p-value =

State your conclusion.


RejectH
0. There is a significant statistical relationship between GPA and salary.

RejectH
0. There is not a significant statistical relationship between GPA and salary.

Do not rejectH
0. There is not a significant statistical relationship between GPA and salary.

Do not rejectH
0. There is a significant statistical relationship between GPA and salary.



Jun 08, 2022
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