Answer: type it in quizlet
Step-by-step explanation:
Answer:
Th computed value of the test statistic is 3.597
Step-by-step explanation:
The null and the alternative hypothesis is as follows:
Null Hypothesis:
the population correlation coefficient is equal to zero
the population correlation coefficient is not equal to zero
The test statistics for Pearson correlation coefficient is thus computed as :

where;
r = correlation coefficient = 0.60
n = sample size = 25
So;



t = 3.597
Comparing to a critical value of t (23 degrees of freedom two-tailed value) = 2.069
Decision Rule:
Since computed value of t is greater than the critical value of t; We reject the null hypothesis and accept the alternative hypothesis.
Conclusion:
We conclude that the population correlation coefficient significantly differs from 0 at 5% (0.05) level of significance.
Answer:
x=4 y=4
Step-by-step explanation:
Answer:
$16,500
Step-by-step explanation:
The computation of the amount that should be paid for the car is shown below:
Since the car would be purchased one year ago
And, the value of the car would be decreased by 15% to $14025
So the amount that should be paid is
= $14025 × 100 ÷ (100 - 0.15)
= $16,500