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Answer:
Yes, because the p-value of the independent variable is less than 0.05
Step-by-step explanation:
The relationship between Red Sox away games and average daily revenues significant at the 95% confidence level because the p-value ( X) < 0.05 , Option C is the correct answer.
Probability is the study of chances of an event to happen.
It has a range form 0 to 1 , where 0 indicates uncertainty while 1 indicates certainty.
The data is given and on the basis of it
It can be seen that for 95 % confidence Level
P value =0.0005
So , the relationship between Red Sox away games and average daily revenues significant at the 95% confidence level because the p-value of the independent variable is less than 0.05.
Therefore Option C is the correct answer.
The complete question is
Is the relationship between Red Sox away games and average daily revenues significant at the 95% confidence level? Choose the correct answer with the corresponding correct reasoning.
No, because R Square is less than 50%
Yes, because the slope is positive.
Yes, because the p-value of the intercept is less than 0.05
Yes, because the p-value of the intercept is less than 0.95
Yes, because the p-value of the independent variable is less than 0.05
Yes, because the p-value of the independent variable is less than 0.95
The data table is attached with the answer.
To know more about Probability
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