question archive You wish to determine if there is a linear correlation between the two variables at a significance level of α=0
Subject:StatisticsPrice: Bought3
You wish to determine if there is a linear correlation between the two variables at a significance level of α=0.01α=0.01. You have the following bivariate data set.
 
| x | y | 
|---|---|
| 39.7 | 171 | 
| 29.5 | 154.1 | 
| 31.4 | 172.1 | 
| 24.6 | -59.6 | 
| 46.2 | 51.8 | 
| 31.7 | 160.3 | 
| 25.2 | -13.2 | 
| 17.6 | -46.2 | 
| 40 | 156.7 | 
| 41.2 | -14.6 | 
What is the critival value for this hypothesis test? (Note: enter the positive of the two if a two-tailed test)
What is the correlation coefficient for this data set?
Your final conclusion is that
