1. Your friend has just calculated his confidence interval for this correlation question (his correlation value is r = 0.92), and it looks like this [0.82;1.02]. He used a significance level of 0.05 in a bidicual situation and has a sample sizee of 10. Provide your friend with the main reason for which his confidence interval is wrong and show him the answer and calculations
1. Your friend has just calculated his confidence interval for this correlation question (his correlation value is r = 0.92), and it looks like this [0.82;1.02]. He used a significance level of 0.05 in a bidicual situation and has a sample sizee of 10. Provide your friend with the main reason for which his confidence interval is wrong and show him the answer and calculations
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![1. Your friend has just calculated his confidence interval
for this correlation question (his correlation value is r
= 0.92), and it looks like this [0.82;1.02]. He used a
significance level of 0.05 in a bidicual situation and has
a sample sizee of 10. Provide your friend with the main
reason for which his confidence interval is wrong and
show him the answer and calculations](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F85f83b17-4972-4247-b698-aeee0cda10e9%2F46f1f8e9-68df-4116-83ee-de2d2bfa724d%2Fusbxu6w_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Your friend has just calculated his confidence interval
for this correlation question (his correlation value is r
= 0.92), and it looks like this [0.82;1.02]. He used a
significance level of 0.05 in a bidicual situation and has
a sample sizee of 10. Provide your friend with the main
reason for which his confidence interval is wrong and
show him the answer and calculations
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