Math Problem Statement

Conduct a test of hypothesis to determine if it is reasonable that the coefficient is greater than zero. Use the 0.025 significance level. (Round intermediate calculations and final answer to 3 decimal places.)

H0: ρ ≤ 0; H1: ρ > 0 Reject H0 if t > 2.101 t =

Solution

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Math Problem Analysis

Mathematical Concepts

Hypothesis Testing
Pearson Correlation
t-Statistic

Formulas

Pearson correlation coefficient: r = Σ((Xi - X̄)(Yi - Ȳ)) / sqrt(Σ(Xi - X̄)^2 Σ(Yi - Ȳ)^2)
t-statistic for correlation: t = r * sqrt((n-2) / (1 - r^2))

Theorems

Hypothesis Test for Correlation Coefficient

Suitable Grade Level

College Level - Statistics