He buys 30 bottles which each costs 3 dollars. So 30 times 3 means he pays 90 dollars. Plus the 25 dollar handling fee which is 115. However the competing supplier is 4 dollars every bottle for the pint bottle. So if he bought 30 times 4 he would pay 120. That is without the handling money. So thats why he should stay with his
Answer:
a) Sample correlation coefficient, r = 0.7411
bi) test statistic, t = 4.102
bii) P-value = 0.000736
Step-by-step explanation:
a) The formula for the sample correlation coefficient is given by the formula:



r = 0.7511
b)
i) formula for the test statistic is given by the formula:

sample size, n = 4

t = 4.102
ii) Degree of freedom, df = n -2
df = 14 -2
df = 12
The P-value is calculate from the degree of freedom and the test statistic using excel
P-value =(=TDIST(t,df,tail))
P-value = (=TDIST(4.1,12,1)
P-value = 0.000736