Question: A company would like to examine the linear relationship between the age and credit score of an individual. The following table shows the credit scores
A company would like to examine the linear relationship between the age and credit score of an individual. The following table shows the credit scores and ages of 5 randomly selected people. These data have a sample correlation coefficient, rounded to three decimal places, of
0.906.
Using this data and
=0.05,
test if the population correlation coefficient between a person's age and credit score is different than zero. What conclusions can you draw?
| Age | 32 | 23 | 58 | 28 | 34 |
|
|---|---|---|---|---|---|---|
| Credit score | 680 | 650 | 765 | 610 | 655 |
What are the correct null and alternative hypotheses?
A.
H0:
0
H1:
=0
B.
H0:
=0
H1:
>0
C.
H0:
=0
H1:
0Your answer is correct.
D.
H0:
>0
H1:
=0
What is the test statistic?
t=nothing
(Round to two decimal places as needed.)
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