The data shown below consists of the price (in dollars) of 11 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price...

The data shown below consists of the price (in dollars) of 11 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price and number of attendees. Use a significance level of 0.10 and round all values to 4 decimal places.

Ticket Price	Attendence
6	239
10	148
14	101
18	77
22	64
26	57
30	54
34	52
38	51
42	51
46	50

Ho: ρ = 0
Ha: ρ ≠ 0

Find the Linear Correlation Coefficient
r =

Find the p-value
p-value =

The p-value is

Less than (or equal to) αα

Greater than αα

The p-value leads to a decision to

Accept Ho

Do Not Reject Ho

Reject Ho

The conclusion is

There is no Significant Linear Correlation between ticket price and attendence.

There is no Significant Correlation

There is Significant Positive Linear Correlation between ticket price and attendence.

There is Significant Linear Correlation between ticket price and attendence.

There is Significant Negative Linear Correlation between ticket price and attendence.

The final conclusion is

It appears that there is no linear relationship between ticket price and attendence.

If ticket price increase, attendence will decrease.

It appears that as ticket price increases attendence increases.

It appears that as ticket price increases attendence decreases.

Jun 08, 2022

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The data shown below consists of the price (in dollars) of 11 events at a local venue and the number of people who attended. Determine if there is significant linear correlation between ticket price...

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