Two researchers want to investigate whether there is a relationship between annual company profit ($) and median

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Two researchers want to investigate whether there is a relationship between annual company profit ($) and median annual salary paid by the company ($). Researcher Bart collects data on a random sample of 40 companies, and researcher Lisa collects data on a random sample of 140 companies. Aft er analyzing their respective data sets, each finds a correlation coefficient of r = 0.601.
a. Who will have a smaller p-value?

A. Bart
B. Lisa
C. Both will find the same p-value.
D. More information is needed to answer this question.
b. Explain the reasoning for your choice in part (a).

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Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

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