The accompanying table and the data file Dow Jones show percentage changes (xi) in the Dow Jones
Question:
The accompanying table and the data file Dow Jones show percentage changes (xi) in the Dow Jones index over the first five trading days of each of 13 years and also the corresponding percentage changes
(yi) in the index over the whole year.
a. Calculate the sample correlation.
b. Test, at the 10% significance level against a two-sided alternative, the null hypothesis that the population correlation is 0.
x y x y 1.5 14.9 5.6 2.3 0.2 -9.2 -1.4 11.9 -0.1 19.6 1.4 27.0 2.8 20.3 1.5 -4.3 2.2 -3.7 4.7 20.3 -1.6 27.7 1.1 4.2 -1.3 22.6
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Related Book For
Statistics For Business And Economics
ISBN: 9781292436845
10th Global Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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