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Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 19 stations
Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 19 stations last Tuesday, the correlation was 0.33. The following hypotheses are given. Ho: PSO Hip > 0 a. State the decision rule for 0.025 significance level. (Round your answer to 3 decimal places.) X Answer is complete but not entirely correct. Reject Ho if t > 2. 109 X b. Compute the value of the test statistic. (Round your answer to 3 decimal places.) X Answer is complete but not entirely correct. Value of the test statistic is 0 083 x
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