The following table lists overall quality scores and prices of 40-inch LCD televisions. Do these data suggest
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The following table lists overall quality scores and prices of 40-inch LCD televisions. Do these data suggest that you can get better quality by spending more?
Use the rank correlation coefficient to test for a correlation between the two variables. Use a significance level of α = 0.05.
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Quality score 74 71 68 65 63 62 57 Price (dollars) 2700 3000 3800 2300 2000 1300 1400
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r s 0821 Critical values r s 0786 Reject the null hypothesis of ...View the full answer
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