Consider the follow ing competing hypotheses and accompanying sample data. H0: s 0 rs =

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Consider the follow ing competing hypotheses and accompanying sample data.

H0: ρ s ≤ 0 rs = 0.64 and n = 50 Ha: ρ s > 0

a. What is the value of the test statistic and its associated p-value? Assume the normal approximation for rs.

b. At the 1 % significance level, what is the conclusion?

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 27, 2024 08:02 AM

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Consider the follow ing competing hypotheses and accompanying sample data. H0: s 0 rs =

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Business Statistics Communicating With Numbers

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