Top Posters
Since Sunday
18
16
Z
9
7
s
6
m
6
M
6
a
6
K
6
l
5
k
5
5
New Topic  
Aries Aries
wrote...
Posts: 91
Rep: 0 0
3 weeks ago
Sarah is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees.



Which one of the following statements describes the results of the hypothesis test that the population correlation coefficient is not equal to zero using α = 0.10?

▸ Because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population correlation coefficient is equal to zero.

▸ Because the absolute value of the test statistic is less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population correlation coefficient is equal to zero.

▸ Because the absolute value of the test statistic is greater than the absolute value of the critical value, we reject the null hypothesis and cannot conclude that the population correlation coefficient is equal to zero.

▸ Because the absolute value of the test statistic is greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population correlation coefficient is equal to zero.
Textbook 

Business Statistics


Edition: 2nd
Author:
Read 13 times
1 Reply
Replies
Answer verified by a subject expert
annakcannakc
wrote...
Posts: 69
Rep: 0 0
3 weeks ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here
Because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population correlation coefficient is equal to zero.

1

Related Topics

wrote...
Posts: 91
Credits: 40

3 weeks ago
Just got PERFECT on my quiz
wrote...
Posts: 178
Credits: 125

Yesterday
Brilliant
wrote...
Posts: 175
Credits: 125

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  166 People Browsing
 334 Signed Up Today
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 200

Related Images
 296
 169
 198