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Game Show Winnings & Education

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Game Show Winnings & Education
An ardent fan of television game shows has observed that,in general,the more educated the contestant,the less money he or she wins.To test her belief she gathers data about the last eight winners of her favorite game show.She records their winnings in dollars and the number of years of education.The results are as follows. Game Show Winnings & Education An ardent fan of television game shows has observed that,in general,the more educated the contestant,the less money he or she wins.To test her belief she gathers data about the last eight winners of her favorite game show.She records their winnings in dollars and the number of years of education.The results are as follows. ​ ​ -{Game Show Winnings & Education Narrative} Conduct a test of the population slope to determine at the 5% significance level whether a negative linear relationship exists between years of education and TV game shows' winnings. ​ ​
-{Game Show Winnings & Education Narrative} Conduct a test of the population slope to determine at the 5% significance level whether a negative linear relationship exists between years of education and TV game shows' winnings.

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H0: β1 = 0 vs.H1: β1 < 0 Rejection region: t...

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