examine the linear correlation between work experience and salary, data was collected from employees a company. See the table below. Years of Salary Experience ($1000's) 37 39 6. 48 7 45 9. 51 13 52 20 58 21 57 24 62 Does this result suggest that the correlation is statistically significant? Use a = 0.05. Important Note: Round your value for r to three decimals before computing the STS. DO NOT use the built- in LinRegTTest on a calculator because you might get marked wrong. When computing the P-value, use the rounded STS. 1. Select the correct statement: O If the correlation is found to be statistically significant, that means that changes in x cause changes in y O Even if the correlation is found to be statistically significant, that does not necessarily mean that changes in x cause changes in y The hypotheses are: O Ho:p 2 0; Ha:p < 0 O Ho:r 2 0; Ha:r < 0 O Ho:p = 0; Ha:p+ 0 O Ho:r <0; Ha:r > 0 OHo:p <0; Ha:p > 0 MacBook Air

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question
Question 18
<>
To examine the linear correlation between work experience and salary, data was collected from employees
at a company. See the table below.
Years of
Salary
Experience ($1000's)
1
37
3
39
6
48
7
45
51
13
52
20
58
21
57
24
62
Does this result suggest that the correlation is statistically significant? Use a = 0.05.
Important Note: Round your value for r to three decimals before computing the STS. DO NOT use the built-
in LinRegTTest on a calculator because you might get marked wrong. When computing the P-value, use the
rounded STS.
1. Select the correct statement:
O If the correlation is found to be statistically significant, that means that changes in x cause changes
in y
O Even if the correlation is found to be statistically significant, that does not necessarily mean that
changes in x cause changes in y
The hypotheses are:
O Ho:p 2 0; Ha:p < 0
O Ho:r 2 0; Ha:r < 0
Ο Ho:ρ= 0; Ha: ρ 40
O Ho:r < 0; Ha:r > 0
O Ho:p < 0; Ha:p > 0
MacBook Air
80 3
F2
D00
F4
F5
F6
F8
F9
Transcribed Image Text:Question 18 <> To examine the linear correlation between work experience and salary, data was collected from employees at a company. See the table below. Years of Salary Experience ($1000's) 1 37 3 39 6 48 7 45 51 13 52 20 58 21 57 24 62 Does this result suggest that the correlation is statistically significant? Use a = 0.05. Important Note: Round your value for r to three decimals before computing the STS. DO NOT use the built- in LinRegTTest on a calculator because you might get marked wrong. When computing the P-value, use the rounded STS. 1. Select the correct statement: O If the correlation is found to be statistically significant, that means that changes in x cause changes in y O Even if the correlation is found to be statistically significant, that does not necessarily mean that changes in x cause changes in y The hypotheses are: O Ho:p 2 0; Ha:p < 0 O Ho:r 2 0; Ha:r < 0 Ο Ho:ρ= 0; Ha: ρ 40 O Ho:r < 0; Ha:r > 0 O Ho:p < 0; Ha:p > 0 MacBook Air 80 3 F2 D00 F4 F5 F6 F8 F9
The hypotheses are:
O Ho:p > 0; Ha:p < 0
O Ho:r > 0; Ha:r < 0
O Ho:p = 0; Ha:p #0
O Ho:r < 0; Ha:r > 0
O Ho:p < 0; Ha:p > 0
O Ho:r = 0; Ha:r 0
2. This is a OrightO twoO left tailed test and the distribution used is
OT
Oz
The Degrees of Freedom are
09
07
ON/A; this is a Z-test
3. The STS (round to 3 decimals) is:
The P-value (round to 4 decimals) is:
4. The decision at a = 0.05 is:
O Do not reject Ho since P > a
O Reject Ho since P < a
O Reject Ho since P> a
O Do not reject Ho since P < a
MacBook Air
Transcribed Image Text:The hypotheses are: O Ho:p > 0; Ha:p < 0 O Ho:r > 0; Ha:r < 0 O Ho:p = 0; Ha:p #0 O Ho:r < 0; Ha:r > 0 O Ho:p < 0; Ha:p > 0 O Ho:r = 0; Ha:r 0 2. This is a OrightO twoO left tailed test and the distribution used is OT Oz The Degrees of Freedom are 09 07 ON/A; this is a Z-test 3. The STS (round to 3 decimals) is: The P-value (round to 4 decimals) is: 4. The decision at a = 0.05 is: O Do not reject Ho since P > a O Reject Ho since P < a O Reject Ho since P> a O Do not reject Ho since P < a MacBook Air
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Correlation, Regression, and Association
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman