Extracted text: Size (square feet) Rent ($) 1,925 2,600 2,200 2,525 1,950 2,700 2,625 1,935 1,850 2,150 2,400 2,675 3,325 2,800 2,425 2,450 2,100 2,700 2,175 2,150 2,625 2,650 2,175 1,775 2,750 860 1,450 1,085 1,232 728 1,495 1,136 716 700 956 1,090 1,295 1,975 1,379 1,175 1,235 1,255 1,259 1,140 906 1,371 1,040 765 1,010 1,200
Extracted text: An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for a sample of 25 apartments is available below. Perform a t test for the slope to determine if a significant linear relationship between the size and the rent exists. a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent? b. Construct a 95% confidence interval estimate of the population slope, B,- E Click the icon to view the data. a. Determine the hypotheses for the test. Choose the correct answer below. O A. Ho: B1 = 0 H;: B, #0 О В. Н: В, 20 H;: B, <0 o="" d.="" ho:="" b,="" s0="" o="" c.="" ho:="" po="0" h;:="" bo="" #0="" h;:="" b,=""> 0 Find the test statistic. TSTAT = (Round to two decimal places as needed.) What is the p-value? p-value = (Round to three decimal places as needed.) Reach a decision. Ho. There is evidence to conclude that there is a linear relationship between the size of the apartment and the monthly rent. b. The 95% confidence interval is