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a. Use Excel to create a scatter plot of the data. What does it suggest...

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Finance

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a. Use Excel to create a scatter plot of the data. What does it suggest about the correlation between X and Y?

b. Use Excel to calculate the correlation coefficient.

c. Use Excel to find t.025 for a two-tailed test at = .05.

d. Calculate the t test statistic.

e. Can you reject = 0?

Order Size and Shipping Cost (n = 12) Ship Cost Orders (X) 1,068 1,026 767 885 1,156 1,146 892 938 769 677 1,174 1,009 Ship Cost (Y) 4,489 5,611 3,290 4,113 4,883 5,425 4,414 5,506 3,346 3,673 6,542 5,088

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