Testing for the existence of correlation is equivalent to
A)testing for the existence of the slope ( $\beta$1 ).
B)testing for the existence of the Y-intercept ( $\beta$0 ).
C)the confidence interval estimate for predicting Y.
D)None of the above.

Question

Quizplus · Accepted Answer

Testing for the existence of correlation involves checking if the slope (β1) in a regression model is significantly different from zero, indicating a relationship between the variables.

Testing for the Existence of Correlation Is Equivalent to A)testing β\betaβ

Testing for the Existence of Correlation Is Equivalent to
A)testing $\beta$