Suppose that a random sample of 10,000 (X, Y) pairs yielded a sample correlation coefficient of r
Question:
(a) What is the conclusion that you would reach if you tested H0:p = 0 using a 0.05? What is the P-value for this test?
(b) Comment on the practical significance versus the statistical significance of your answer.
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n10000 r 002 a H p 0 H p 0 t 0029998 1 1002 10259998 196 005 20002 ...View the full answer
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Related Book For 
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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