1. If someone owns an electric car it is represented by a one  and if they don’t it is represented by a zero. If someone  owns an electric car and their yearly salary in pounds for  four people are (0,80000), (0, 17000), (0, 37000) and (1,  58000) calculate the correlation coefficient. 2. How might we interpret this result?

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1. If someone owns an electric car it is represented by a one 
and if they don’t it is represented by a zero. If someone 
owns an electric car and their yearly salary in pounds for 
four people are (0,80000), (0, 17000), (0, 37000) and (1, 
58000) calculate the correlation coefficient.
2. How might we interpret this result? 

S²
x = 7 and = = 15 test the hypothesis that μ = 5.
-
n
Would you result change using a different alternate
hypothesis?
Calculate the p-value for the above question.
ory
Transcribed Image Text:S² x = 7 and = = 15 test the hypothesis that μ = 5. - n Would you result change using a different alternate hypothesis? Calculate the p-value for the above question. ory
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