Solution) Working with the ‘New Restaurant’ dataset (available as an Excel spreadsheet or SPSS data file, “Exa
Question: Working with the ‘New Restaurant’ dataset (available as an Excel spreadsheet or SPSS data file, “Exam2_new-restaurant”), investigate the correlation between Age of Owner (‘Owner_age’) and the Estimated Profit of the restaurant in the first 6 months (‘Profit’).
(10 points)
To earn full credit, your answer should include the following:
? A scatterplot between the two variables
? The Pearson’s correlation coefficient (and interpretation)
? The r2 value (and interpretation)
? the p-value associated with the correlation coefficient
? Your conclusion (referring to the r and p-values).
Price: $2.99
Solution: The downloadable solution consists of 4 pages
Deliverable: Word Document
Deliverable: Word Document
