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
