(Steps Shown) The Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample
Question: The Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 12 stations last Tuesday, the correlation was 0.62.
At the 0.01 significance level, is the correlation in the population greater than zero? (Round your answer to 3 decimal places.)
The test statistic is 0.0315
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(Steps Shown) The following regression equation was computed from
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