The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the linear correlation coefficient r,...


The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the<br>linear correlation coefficient r, and find the P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables?<br>Selling Price (x)<br>List Price (y)<br>400<br>305<br>378<br>433<br>458<br>478<br>316<br>352<br>419<br>334<br>412<br>317<br>388<br>436<br>490<br>476<br>325<br>366<br>433<br>342<br>Ο Α. Ho: ρ 0<br>В. Но: Р3D0<br>H1:p<0<br>H:p#0<br>O C. Ho: p+0<br>D. Ho: p=0<br>H1:p=0<br>H:p>0<br>Construct a scatterplot. Choose the correct graph below.<br>O A.<br>В.<br>С.<br>D.<br>Ay<br>500-<br>Ay<br>Ay<br>500-<br>500-<br>500-<br>Lo<br>Lo<br>400-<br>400-<br>400-<br>400-<br>ol<br>to<br>X<br>300-<br>300<br>300+<br>300<br>300+<br>300<br>300-<br>300<br>-><br>400<br>500<br>400<br>500<br>400<br>500<br>400<br>500<br>The linear correlation coefficient r is<br>(Round to three decimal places as needed.)<br>The P-value is<br>(Round to three decimal places as needed.)<br>of<br>of<br>of<br>LoP d |<br>lol<br>

Extracted text: The data below shows the selling price (in hundred thousands) and the list price (in hundred thousands) of homes sold. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between the two variables? Selling Price (x) List Price (y) 400 305 378 433 458 478 316 352 419 334 412 317 388 436 490 476 325 366 433 342 Ο Α. Ho: ρ 0 В. Но: Р3D0 H1:p<0 h:p#0="" o="" c.="" ho:="" p+0="" d.="" ho:="" p="0" h1:p="0" h:p="">0 Construct a scatterplot. Choose the correct graph below. O A. В. С. D. Ay 500- Ay Ay 500- 500- 500- Lo Lo 400- 400- 400- 400- ol to X 300- 300 300+ 300 300+ 300 300- 300 -> 400 500 400 500 400 500 400 500 The linear correlation coefficient r is (Round to three decimal places as needed.) The P-value is (Round to three decimal places as needed.) of of of LoP d | lol

Jun 08, 2022
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