Exercise 14-4 Algo

Consider the following competing hypotheses: H₀:_xy 0 H_A:_xy< 0 The sample consists of 34 observations and the sample correlation coefficient is -0.36.(You may find it useful to reference thettable.)

a-1.Calculate the value of the test statistic.(Round final answer to 3 decimal places.)

a-2.Find thep-value.

multiple choice

• 0.01p-value < 0.025
• p-value < 0.01
• p-value0.10
• 0.05p-value < 0.10
• 0.025p-value < 0.05

b.At the 10% significance level, what is the conclusion to the test?