Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Date: 12/11/21 Course: First Course in Business Statistics (1) Assignment: Home Work 10 7. You are testing the null hypothesis that there is no linear

image text in transcribed
Date: 12/11/21 Course: First Course in Business Statistics (1) Assignment: Home Work 10 7. You are testing the null hypothesis that there is no linear relationship between two variables, X and Y. From your sample of n = 11, you determine that r = 0.75. a. What is the value of tSTAT! b. At the a = 0.05 level of significance, what are the critical values? c. Based on your answers to (a) and (b), what statistical decision should you make? a. What are the hypotheses to test? O A. Ho: P # 0 OB. Ho: P20 H1: P =0 H1 : p 0 H1 : p # 0 tSTAT = (Round to four decimal places as needed.) b. The lower critical value is (Round to four decimal places as needed.) The upper critical value is (Round to four decimal places as needed.) c. What statistical decision should you make? O A. Since tSTAT is between the critical values, do not reject Ho. O B. Since tSTAT is greater than the upper critical value, do not reject Ho O C. Since tSTAT is greater than the upper critical value, reject Ho. O.D. Since tSTAT is between the critical values, reject Ho. DEC 11 . . .. w

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Math And Applied Calculus

Authors: Stefan Waner, Steven Costenoble

2nd Edition

0534366309, 9780534366308

More Books

Students also viewed these Mathematics questions