Exercise 14-4 Algo Consider the following competing hypotheses: He: Pxy 20 HA: Pxy < 0 The sample consists of 30 observa
Posted: Wed May 11, 2022 2:06 pm
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.