Find the value of correlation coefficient (r) :(Round to 3 decimal places)   Find the critical value at 0.01 significance level.(Round your answer to 3 decimal places.) Compute the value of the test statistic.(Round your answer to 3 decimal places.) What is the decision? (Choose 1 or 2.) Reject null hypothesis Do not reject null hypothesis   e. What is the conclusion(Choose 1 or 2.) There is enough evidence to conclude there is a positive correlation between Sales and Number of Years There is not enough evidence to conclude there is a positive correlation between Sales and Number of Years.

Midwest Company is studying the relationship between the sales by an employee and the number of years the employee has worked in the company. The data for a random sample of 12 sales representatives of Midwest company is given in the table below:

Given the follwing set of null and alternative hypothesis, H₀: ρ ≤ 0  ;   H₁: ρ > 0 conduct correlation and regression analysis by answering the questions below:

1. Find the value of correlation coefficient (r) :(Round to 3 decimal places)

1. Find the critical value at 0.01 significance level.(Round your answer to 3 decimal places.)
2. Compute the value of the test statistic.(Round your answer to 3 decimal places.)
   
3. What is the decision? (Choose 1 or 2.)
4. Reject null hypothesis
5. Do not reject null hypothesis

1. e. What is the conclusion(Choose 1 or 2.)
2. There is enough evidence to conclude there is a positive correlation between Sales and Number of Years
3. There is not enough evidence to conclude there is a positive correlation between Sales and Number of Years.

1. What is the regression equation : y= +  x (Round to 2 decimal places)

1. Determine the estimated sales if number of years = 10. (Round to 2 decimal places)