Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table below shows the number of cars sold last month by 10 employees at Concord Motors and their number of years of sales experience.

The table below shows the number of cars sold last month by 10 employees at Concord Motors and their number of years of sales experience.

Experience Sales
1 8
2 6
2 7
4 14
5 9
6 13
8 10
3 7
4 12
5 11

1. Management would like to test if there exists a positive correlation between experience and sales. The p-value for Spearman rank-order correlation test is ___________.

2. Management would like to test if the population Spearman rank-order correlation coefficient is different from zero. The p-value for this test is ___________.

3. What is the conclusion?

a. There exists a positive rank correlation.

b. There exists no rank correlation at alpha=0.10.

c. There is not sufficient information to make conclusion

d. There exists a negative rank correlation.

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_2

Step: 3

blur-text-image_3

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

Calculus Early Transcendentals

Authors: Jon Rogawski, Colin Adams, Robert Franzosa

4th Edition

1319055907, 9781319055905

More Books

Students also viewed these Mathematics questions

Question

Why is heated air sometimes humidified?

Answered: 1 week ago

Question

Draw a picture consisting parts of monocot leaf

Answered: 1 week ago