If you pay in tuition to go to a top business school, will it necessary result i

Question

If you pay in tuition to go to a top business school, will it necessary result in a higher probability of a job offer at graduation? Let y = percentage of graduates with job offers and x = tuition cost then fit the simple linear model E(y) = beta_0 + beta_1 x to the data below is there sufficient evidence (at alpha = 0.10) of a positive linear relationship between y and x? Give the null and alternative hypotheses for testing whether there exists a positive linear relationship between y and x? a. H_0: beta_0 = 0 H_a: beta_0 notequalto 0 B. H_0: beta_1 = 0 H_a: beta_1 > 0 C. H_0. beta_1 = 0 H_a: beta_1 notequalto = 0 D. H_0: beta_0 = 0 H_a: beta_0 > 0 E. H_0: beta_1 = 0 H_a: beta_1 0 Find the test statistic Find the p value Make the appropriate conclusion at alpha = 0.10. Choose the correct answer below. a. Do not reject H_0. There is insufficient evidence that there exists a positive linear relationship between y and x. B. Do not reject H_0. There is sufficient evidence that there exists a positive linear relationship between y and x.

Explanation / Answer

1) option B is correct

2)running regression on above

t stat=3.54945

p value =0.00376

option B is correct

annual tution % with job offer 39818 96 39208 88 39149 97 39019 96 38378 98 37916 86 37426 99 30941 98 36639 88 36474 86

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