Use the Data Given Below to Answer the Following Questions)

question 26

Essay

Use the data given below to answer the following questions).
Following is an extract from a firm's database detailing the number of hours spent on the job by employees and their corresponding pay. Note: Assume a level of significance of 0.05 wherever necessary.) $$\begin{array} { | c | c | } \hline \text { Hours spent on the job } & \text { Salary } \$ \mathbf { ~ } \\\hline 4 & 340 \\\hline 12 & 850 \\\hline 7 & 570 \\\hline 5 & 470 \\\hline 11 & 820 \\\hline 8 & 610 \\\hline 9 & 630 \\\hline 13 & 900 \\\hline 10 & 800 \\\hline 6 & 480 \\\hline\end{array}$$
-Draw conclusions for test of hypothesis for regression coefficients.

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Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution.

Group Selection

A theoretical evolutionary process that argues for the selection of traits beneficial to a group, rather than individuals.

Biologists

Scientists who study living organisms and their interaction with the environment, covering various fields from marine biology to genetics.

Delay of Gratification

The ability or process of resisting the temptation of an immediate reward in preference for a later, often greater reward.