question 30 Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant linear...


question 30


Listed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant  linear correlation between advertising cost and profit . Use a significance level of 0.01 and round all values to 4 decimal places.











































Advertising CostProfit
318
429
523
627
717
819
932
1025


Ho: ρ = 0
Ha: ρ ≠ 0


Find the Linear Correlation Coefficient
    r = ?


Find the p-value
   p-value =   ?



Jun 03, 2022
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