A sample of 30 observations provides the following statistics: a.Calculate and interpret the sample correlation coefficient .
B)Specify the hypotheses to determine whether or not x and y are significantly correlated.
C)At the 5% significance level,what is the conclusion to the test using the critical-value approach? Explain.
D)At the 5% significance level,what is the conclusion to the test using the p-value approach? Explain.

Question

A sample of 30 observations provides the following statistics:  a.Calculate and interpret the sample correlation coefficient  .
B)Specify the hypotheses to determine whether or not x and y are significantly correlated.
C)At the 5% significance level,what is the conclusion to the test using the critical-value approach? Explain.
D)At the 5% significance level,what is the conclusion to the test using the p-value approach? Explain.

Quizplus · Accepted Answer

The Answer of A sample of 30 observations provides the following statistics:  a.Calculate and interpret the sample correlation coefficient  .
B)Specify the hypotheses to determine whether or not x and y are significantly correlated.
C)At the 5% significance level,what is the conclusion to the test using the critical-value approach? Explain.
D)At the 5% significance level,what is the conclusion to the test using the p-value approach? Explain.

A Sample of 30 Observations Provides the Following Statistics