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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 120

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting a new car dealership to adjust fully,and the dependent variable y represents the weekly sales (in $1000s).
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting a new car dealership to adjust fully,and the dependent variable y represents the weekly sales (in $1000s). -Determine if there is sufficient evidence at the 5% significance level to infer that the relationship between x and y is significant.
-Determine if there is sufficient evidence at the 5% significance level to infer that the relationship between x and y is significant.

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H0 : β1 = 0 vs.H1 : β1 ≠ 0
Test statistic: t...

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