Answer Happy

Consider the following competing hypotheses. Ho: Pxy HAT Pxy The sample consists of 18 observations and the sample correlation coefficient is 015. [You may find it useful to reference the t table] 0-1. Calculate the value of the test statistic (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic a-2. Find the p value 0005 Picture p value <010 0002 DPicture p value <0.05 0 0.01 Picture p value <002 p-value <0.01 Opvalue Picture 010

b. At the 10% significance level, what is the conclusion to the test? O Reject Ho, we can state the variables are correlated Reject Ho, we cannot state the variables are correlated Do not reject Hos we can state the variables are correlated Do not reject Ho we cannot state the vanables are correlated