If data on the ages and prices of 25 pieces of equipment yielded (r=-0.58), test the null

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If data on the ages and prices of 25 pieces of equipment yielded \(r=-0.58\), test the null hypothesis \(ho=-0.40\) against the alternative hypothesis \(ho<-0.40\) at the 0.05 level of significance. Assume bivariate normality.

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Probability And Statistics For Engineers

ISBN: 9780134435688

9th Global Edition

Authors: Richard Johnson, Irwin Miller, John Freund

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