There is significant relation between price and overall score.
Given that,
Following are details on the cost ($) and final rating for the six stereo headphones that Consumer Reports examined. ($) brand price Score: Bose 180, 72 Scullcandy 150, 78 Koss, 96, 54 Phillips/O'Neill, 72, 42 Denon, 48, 24.
a) t =3.54
The P value is less than 0.2
There is significant relation between price and overall score.
P value is between 0.01 and 0.025.
Because p value is less than or equal to 0.05 , we reject H₀ : β₁ is equal to zero.
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