Question: 10.A purchasing manager wants to test if the population correlation between the number of material issues and length of delay for deliveries is different from

10.A purchasing manager wants to test if the population correlation between the number of material issues and length of delay for deliveries is different from zero. According to the manager's calculations, the p-value is 0.001. Select the correct conclusion from the following choices.

Group of answer choices

A.) With a p-value of 0.001, we have strong evidence that the true correlation between material issues and late deliveries is different from zero.

B.) With a p-value of 0.001, we have strong evidence that the sample correlation between material issues and late deliveries is different from zero.

C.) With a p-value of 0.001, we have no statistically significant evidence that the sample correlation between material issues and late deliveries is different from zero.

D.) With a p-value of 0.001, we have no statistically significant evidence that the true correlation between material issues and late deliveries is different from zero.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

8.The purchasing manager wants to test if the population correlation between material issues and late deliveries is different from zero. According to the manager's calculations, the p-value is...

Overview of the case. What do you think of the particular assignment given to Browning? TEXTBOOK : Brown, C.V., DeHayes, D.W., Hoffer, J.A., Martin, E.W., and Perkins, W.C. Managing Information...

Location Income ($1000) Size Years Credit Balance($) Urban 54 3 12 4016 Rural 30 2 12 3159 Suburban 32 4 17 5100 Suburban 50 5 14 4742 Rural 31 2 4 1864 Urban 55 2 9 4070 Rural 37 1 20 2731 Urban 40...

The best definition for nonparametric statistics I can think of is when data does not fit inside the normal parameters of a normal distribution, it calls for the use of this statistical method....

Need stakeholder analysis, swot analysis and pestle analysis for the below case study- Bella Beverages Inc. 1 Bella Beverages Inc. Overview Bella Beverages Inc. (BB) is a Canadian company traded on...

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

Caesar Group, a professional IT services firm, has competed in the Dutch IT market since 1993 with a workforce close to 300 employees. The company's initial value proposition was providing its...

Set Student Name: 1. Describe the relationship between two variables that have a correlation coefficient value: a. Near -1 b. Near 0 c. Near 1 2. Data was collected where a weightlifter was asked to...

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

A report consisting of 700 words Make a short introduction, where you explain (in your own words) what balanced management is as well as how balanced management is used by Norwegian municipalities....

Suppose you are given a list of marks, please write a function filter_mark(marks, grade) that takes a list of marks as input and return a list contianing only the marks of the specified grade. For...

The year-end financial statements of Rattlers Tax Services are provided below. Required: 1. Record year-end closing entries. 2. Prepare a post-closing trial balance. RATTLERS TAX SERVICES Statement...

the following regression output was generated based on a sample of utility customers the dependent variable was the dollar amount of the monthly bill and the independent variable was the size of the...

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows...