Use the Following to Answer Questions

question 103

Short Answer

Use the following to answer questions :
The following table lists the monthly incomes (in hundreds of dollars)and the monthly rents paid (in hundreds of dollars)by a sample of six families.

-The null hypothesis is that the slope of the population regression line of monthly rent on monthly income is zero and the alternative hypothesis is that the slope of this population regression line is greater than zero.The significance level is 1%.What is the value of the test statistic,t,rounded to three decimal places?

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Definitions:

Japan

An island nation in East Asia, known for its rich culture, technological advancements, and historical significance.

Norway

A country in Northern Europe known for its high standard of living, robust welfare state, and stunning natural landscapes.

Social Problems

Issues within a society that affect a significant number of its members and are considered undesirable, requiring management or resolution.

Dying

The process of approaching death or the cessation of life.