Exercise 14-4 Algo Consider the following competing hypotheses: He: Pxy 20 HA: Pxy < 0 The sample consists of 30 observa

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Exercise 14 4 Algo Consider The Following Competing Hypotheses He Pxy 20 Ha Pxy 0 The Sample Consists Of 30 Observa 1 (35.81 KiB) Viewed 25 times

Exercise 14-4 Algo Consider the following competing hypotheses: He: Pxy 20 HA: Pxy < 0 The sample consists of 30 observations and the sample correlation coefficient is -0.46. (You may find it useful to reference the t table.) a-1. Calculate the value of the test statistic. (Round final answer to 3 decimal places.) Test statistic a-2. Find the p-value. O p-value <0.01 O p-value > 0.10 O 0.05 Picture p-value <0.10 O 0.025 Picture p-value < 0.05 O 0.01 Picture p-value < 0.025 b. At the 5% significance level, what is the conclusion to the test? Ho, we conclude that the population correlation coefficient between x and y is less than zero.