Math Problem Statement
What is the test statistic
Solution
To find the test statistic for a correlation between the size of the house and its price, you can perform a linear regression analysis to determine the correlation coefficient (r) and then calculate the test statistic.
Here’s a step-by-step outline:
-
Calculate Means:
- Mean of sizes (x̄)
- Mean of prices (ȳ)
-
Calculate the correlation coefficient (r):
- Find the sum of the products of the deviations of each pair of scores from their respective means.
- Divide by the square root of the product of the sum of the squared deviations of each set of scores from their respective means.
-
Calculate the test statistic (t): where is the number of pairs (in this case, 6).
Since I can't calculate directly, you would need to plug in the numbers from the data:
- Sizes: 1200, 1339, 1382, 2351, 2369, 3600
- Prices: 320, 430, 389, 635, 689, 750
After calculating the correlation coefficient, use it to find the test statistic using the formula above.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Linear Regression
Correlation
Statistics
Formulas
Correlation coefficient: r = Σ[(xi - x̄)(yi - ȳ)] / √(Σ(xi - x̄)^2 * Σ(yi - ȳ)^2)
Test statistic: t = r √((n-2) / (1-r^2))
Theorems
Pearson's Correlation Coefficient
Suitable Grade Level
Grades 10-12