A study of 17 worldwide financial institutions showed the correlation between their assets and pretax profit to be 0.78. a. State the decision rule for 0.025 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.) b. Compute the value of the test statistic.
A study of 17 worldwide financial institutions showed the correlation between their assets and pretax profit to be 0.78. a. State the decision rule for 0.025 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.) b. Compute the value of the test statistic.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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A study of 17 worldwide financial institutions showed the
a. State the decision rule for 0.025 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)
b. Compute the value of the test statistic. (Round your answer to 2 decimal places.)
c. Can we conclude that the correlation in the population is greater than zero? Use the 0.025 significance level.
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