A bank is interested in determining whether its customers' checking balances are linearly related to their savings balances. A sample of n = 20 customers was selected and the correlation was calculated to be +0.40. If the bank is interested in testing to see whether there is a significant linear relationship between the two variables using a significance level of .05, the correct null and alternative hypotheses to test are: H0 : r = 0.0 Ha : r ≠ 0.0

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The Answer of A bank is interested in determining whether its customers' checking balances are linearly related to their savings balances. A sample of n = 20 customers was selected and the correlation was calculated to be +0.40. If the bank is interested in testing to see whether there is a significant linear relationship between the two variables using a significance level of .05, the correct null and alternative hypotheses to test are: H0 : r = 0.0 Ha : r ≠ 0.0

A Bank Is Interested in Determining Whether Its Customers' Checking