Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Question : Based on the salary and age data in the spreadsheet, find the value of the linear correlation coefficient r, and the p-value and

Question: Based on the salary and age data in the spreadsheet, find the value of the linear correlation coefficient r, and the p-value and the critical value of r using alpha = 0.05. Determine whether there is sufficient evidence to support the claim of linear correlation between age and salary.

Table A-6
n = 0.05 = 0.01
4 0.95 0.99
5 0.878 0.959
6 0.811 0.917
7 0.754 0.875
8 0.707 0.834
9 0.666 0.798
10 0.632 0.765
11 0.602 0.735
12 0.576 0.708
13 0.553 0.684
13 0.553 0.684
14 0.532 0.661
15 0.514 0.641
16 0.497 0.623
17 0.482 0.606
18 0.468 0.59
19 0.456 0.575
20 0.444 0.561
25 0.396 0.505
30 0.361 0.463
35 0.335 0.43
40 0.312 0.402
45 0.294 0.378
50 0.279 0.361
60 0.254 0.33
70 0.236 0.305
80 0.22 0.286
90 0.207 0.269
100 0.196 0.256

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Mathematics questions