Exercise 14-4 Algo Consider the following competing hypotheses: Ho: Oxy ≥ 0 HA: Oxy < 0 The sample consists of 35 observ

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Exercise 14 4 Algo Consider The Following Competing Hypotheses Ho Oxy 0 Ha Oxy 0 The Sample Consists Of 35 Observ 1 (71.18 KiB) Viewed 42 times

Exercise 14-4 Algo Consider the following competing hypotheses: Ho: Oxy ≥ 0 HA: Oxy < 0 The sample consists of 35 observations and the sample correlation coefficient is -0.40. (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 ≤ p-value < 0.10 O 0.025 s p-value < 0.05 O 0.01 ≤ p-value < 0.025 b. At the 10% 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.