Rock Concert Revenues A financier whose specialty is investing in rock concerts has observed that, in general, concerts with "big-name" stars seem to generate more revenue than those concerts whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions)given to the two highest-paid performers in the concert for ten concert tours.
{Rock Concert Revenues Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether a positive linear relationship exists between payment to the two highest-paid performers and gross revenue.

Question

Rock Concert Revenues A financier whose specialty is investing in rock concerts has observed that, in general, concerts with "big-name" stars seem to generate more revenue than those concerts whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions)given to the two highest-paid performers in the concert for ten concert tours. 
  {Rock Concert  Revenues Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether a positive linear relationship exists between payment to the two highest-paid performers and gross revenue.

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The Answer of Rock Concert Revenues A financier whose specialty is investing in rock concerts has observed that, in general, concerts with "big-name" stars seem to generate more revenue than those concerts whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions)given to the two highest-paid performers in the concert for ten concert tours. 
  {Rock Concert  Revenues Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether a positive linear relationship exists between payment to the two highest-paid performers and gross revenue.

Rock Concert Revenues a Financier Whose Specialty Is Investing in Rock