Consider the following competing hypotheses and accompanying sample data. H0: S 0 HA: S > 0

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Consider the following competing hypotheses and accompanying sample data.

H0: ρS ≤ 0

HA: ρS > 0

rS = 0.64 and n = 50

a. What is the value of the test statistic and its associated p-value? Assume the normal approximation for rS.

b. At the 1% significance level, what is the conclusion?

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Business Statistics Communicating With Numbers

ISBN: 9780078020551

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 10:01 AM

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Consider the following competing hypotheses and accompanying sample data. H0: S 0 HA: S > 0

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a Assuming the normal distribution The corre...View the full answer

Business Statistics Communicating With Numbers

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