The following table shows the assessed values and selling pr…

The following table shows the assessed values and selling prices (in thousands of dollars) of 8 houses, constituting a random sample of all the houses sold in January in a suburban area.  Let x = assessed value (in thousands) and y = selling price (in thousands).   Assessed 4.03 7.20 3.25 4.48 2.79 5.16 8.04 5.80 Selling 163.4 218.3 155.2 174.0 148.8 181.1 223.2 192.5   Answer the following questions, based on a 1% level of significance.  The following is the results from the appropriate TI-84 test:     Identify the null and alternative hypothesis.