Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below. Analyzing this printout, we can determine:
A) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.05 level of significance.
B) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.01 level of significance.
C) the value of t indicates that the coefficient of correlation cannot be shown to be different than zero when tested at the 0.01 level of significance.
D) the standard error indicates that the coefficient of correlation is not different from zero.
E) the value of t indicates that the coefficient of correlation is greater than zero at both the 0.01 and 0.05 levels of significance.

Question

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below.    Analyzing this printout, we can determine:
A) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.05 level of significance. 
B) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.01 level of significance. 
C) the value of t indicates that the coefficient of correlation cannot be shown to be different than zero when tested at the 0.01 level of significance. 
D) the standard error indicates that the coefficient of correlation is not different from zero. 
E) the value of t indicates that the coefficient of correlation is greater than zero at both the 0.01 and 0.05 levels of significance.

Quizplus · Accepted Answer

The Answer of Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below.    Analyzing this printout, we can determine:
A) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.05 level of significance. 
B) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.01 level of significance. 
C) the value of t indicates that the coefficient of correlation cannot be shown to be different than zero when tested at the 0.01 level of significance. 
D) the standard error indicates that the coefficient of correlation is not different from zero. 
E) the value of t indicates that the coefficient of correlation is greater than zero at both the 0.01 and 0.05 levels of significance.

Data Is Collected from 20 Sales People in Order to Verify