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