Which one of the following statements is true using α = 0.05?
A) Because the p- value for the slope is 0.0423, we fail to reject the null hypothesis and conclude that there is a relationship between the weekly rental and square footage of beach property.
B) Because the p- value for the slope is 0.0870, we can reject the null hypothesis and conclude that there is a relationship between the weekly rental and square footage of beach property.
C) Because the p- value for the slope is 0.0423, we can reject the null hypothesis and conclude that there is a relationship between the weekly rental and square footage of beach property.
D) Because the p- value for the slope is 0.0870, we fail to reject the null hypothesis and conclude that there is no relationship between the weekly rental and square footage of beach property.
Correct Answer:
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