A. What is the independent variable (X) and what is the dependent variable (y)
B. Write a null and alternative hypothesis statement
C. What is the R-squared value and interpret it's meaning?
D. What is the correlation coefficient and interpret it's meaning?
E. Predict the receipts for a movie that has a Twitter activity of 100,000 using the linear regression formula generated after you run the regression analysis in Excel (just like we did in the lecture notes)
F. At the 95% significance level, is there significant evidence of a relationship between Twitter activity and receipts?
G. Do you accept or reject the null hypothesis?
Part 2 - Two Sample Hypothesis Testing
Using the Retirement funds spreadsheet, please determine if there is a significant difference between the average rate of return on Large Value and Large Growth stock funds.
I. What are the two variables of interest?
J. Write a null and alternative hypothesis statement
K. At the 95% significance level, is there significant evidence of a difference between fund rate of returns?
L. Do you accept or reject the null hypothesis?