Game Show Winnings & Education an Ardent Fan of Television

question 7

Essay

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.

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Definitions:

Organizations

Structured groups of people who come together to meet a set of shared goals or fulfill a specific purpose, such as companies, charities, and governments.

Decisions

The act of making choices or conclusions after considering various alternatives and their potential outcomes.

Canadians

Citizens of Canada or pertaining to the country of Canada.

Work

The effort expended on a particular task or in the pursuit of objectives or economic gain.