Question

If you pay more in tuition to go to a top business​ school, will it necessarily...

If you pay more in tuition to go to a top business​ school, will it necessarily result in a higher probability of a job offer at​ graduation? Let y= % of graduates with job offers and x=tuition ​cost; then fit the simple linear​model, E(y)=β0+β1x​,to the data below. Is there sufficient evidence​ (at α=0.05) of a positive linear relationship between y and​ x?

School

Annual tuition​ ($)

​% with Job Offer

1

39,846

89

2

39,728

91

3

39,656

87

4

38,747

98

5

38,342

97

6

37,686

93

7

37,213

94

8

37 comma 07137,071

8686

9

36,498

87

10

36,025

91

Give the null and alternative hypotheses for testing whether there exists a positive linear relationship between y and​ x?

A.H0​: β1equals=0

Ha​: β1<0

B. H0​: β1=0

Ha​: β1≠0

C. H0​: β0=0

Ha​: β0<0

D. H0​: β0=0

Ha​: β0>0

E.H0​: β1=0

Ha​: β1>0 Your answer is correct.

F. H0​: β0=0

Ha​: β0≠0

Find the test statistic. t=0.24 ​(Round to two decimal places as​ needed.)

Find the​ p-value. ​p-value=0.4094 ​(Round to four decimal places as​ needed.)

Make the appropriate conclusion at α=0.05.

Choose the correct answer below.

A.Reject H0. There is insufficient evidence that there exists a positive linear relationship between y and x.

B.Reject H0. There is sufficient evidence that there exists a positive linear relationship between y and x.

C.Do not reject H0. There is sufficient evidence that there exists a positive linear relationship between y and x.

D.Do not reject H0. There is insufficient evidence that there exists a positive linear relationship between y and x.

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