Please see attached file.
b. Conduct a test to determine whether the relationship between McCormick's net sales and capital expenditures is significant. Interpet the meaning of this measure.
c. Refer to part b. Describe the type of hyopothesis test error that could have been made in the context of this problem.
d. Provide a brief financial explination of the regression slope coefficient.
a. Compute the linear regression model based on the sample data if net sales are to be predicted using capital expenditures.