A hypothesis test that rank correlation in the population is zero is conducted at the 5% level of significance. If the rank correlation coefficient is 0.75 for a sample of 15 observations, what is the computed value of the t-statistic? Multiple Choice 4.088 2.236 2.082 4.391
A hypothesis test that rank correlation in the population is zero is conducted at the 5% level of significance. If the rank correlation coefficient is 0.75 for a sample of 15 observations, what is the computed value of the t-statistic? Multiple Choice 4.088 2.236 2.082 4.391
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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![**Hypothesis Test on Rank Correlation**
**Problem Statement:**
A hypothesis test that rank correlation in the population is zero is conducted at the 5% level of significance. If the rank correlation coefficient is 0.75 for a sample of 15 observations, what is the computed value of the t-statistic?
**Multiple Choice Options:**
- 4.088
- 2.236
- 2.082
- 4.391
To solve this problem, you would typically use the formula for the t-statistic in the context of Spearman’s rank correlation:
\[ t = \frac{r \sqrt{n - 2}}{\sqrt{1 - r^2}} \]
Where:
- \( r \) is the rank correlation coefficient.
- \( n \) is the number of observations.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0ab675ce-2e40-481e-8381-32ae8424bad9%2F1c7cd823-d63c-44d6-a8d3-13c36c8176be%2Fgre20eh_processed.png&w=3840&q=75)
Transcribed Image Text:**Hypothesis Test on Rank Correlation**
**Problem Statement:**
A hypothesis test that rank correlation in the population is zero is conducted at the 5% level of significance. If the rank correlation coefficient is 0.75 for a sample of 15 observations, what is the computed value of the t-statistic?
**Multiple Choice Options:**
- 4.088
- 2.236
- 2.082
- 4.391
To solve this problem, you would typically use the formula for the t-statistic in the context of Spearman’s rank correlation:
\[ t = \frac{r \sqrt{n - 2}}{\sqrt{1 - r^2}} \]
Where:
- \( r \) is the rank correlation coefficient.
- \( n \) is the number of observations.
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