Please reference the attached spread sheet for data and the correlation/regression

Please reference the attached spread sheet for data and the correlation/regression analysis results. This analysis is to understand the relationship of the data in respect weeks on the market and asking price for new home sales.
1. State the null and alternative hypothesis. This needs to be explained. 

2. Determine if a one or two tailed test is needed. 

3. Explain the correlation of the P value and what can be inferred. 
4. Explain what can be inferred from the results of the correlation test. 
Additional question:
1. Explain if there are any missing, lurking, or confounding variables in the data.