Use the Following to Answer Questions

question 58

Short Answer

Use the following to answer questions :
The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses.

-The null hypothesis is that the slope of the population regression line of price on age is zero and the alternative hypothesis is that the slope of this population regression line is less than zero.The significance level is 5%.What is the value of the test statistic,t,rounded to three decimal places?

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Definitions:

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