The correlation between two variables is 0.29 for a sample of 12 observations. Based on a null hypothesis of no correlation versus an alternative hypothesis of positive correlation, what conclusion may be drawn at the .05 level of significance?
A) Reject H0. There is evidence of positive correlation between the variables.
B) Do not reject H0. We do not have evidence of positive correlation.
C) Reject H0. We have evidence of negative correlation.
D) None of the above.
Correct Answer:
Verified
Q99: Use the scatter diagrams to verify which
Q100: The partial megastat output below is regression
Q101: A sales manager for an advertising agency
Q102: Which of the following is NOT a
Q105: i. Trying to predict weekly sales with
Q106: i. A t test is used
Q107: i. Trying to predict weekly sales with
Q108: i. Trying to predict weekly sales with
Q109: i. The smaller the sample, the smaller
Q150: A regression analysis yields the following information:
Y'
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents