Exercise 14-4 Algo Consider the following competing hypotheses: H0: ?xy ? 0 HA: ?xy < 0...

60.1K

Verified Solution

Question

Basic Math

Exercise 14-4 Algo Consider the following competing hypotheses:H0: ?xy ? 0 HA: ?xy < 0 The sample consists of 34 observationsand the sample correlation coefficient is –0.58. Use Table 2. a.Calculate the value of the test statistic. (Negative value shouldbe indicated by a minus sign. Round intermediate calculations to atleast 4 decimal places and final answer to 2 decimal places.) Teststatistic b. Approximate the p-value. p-value < 0.005 0.005

Answer & Explanation Solved by verified expert
3.7 Ratings (322 Votes)
Hypothesis H0 xy 0 vsHA xy 0Left tailed testTest statistics Where Correlation coefficient r 058sample size n 34we get test    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students