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Perform a Correction t-test. Test if p = 0 at the 10% level of significance using a two-sided test, where p is the population Pearson correlation coefficient. The test must include the following: (1) State the hypotheses to be tested. (ii) Determine the rejection region. (iii) (iv) State the decision to be made. (v) Draw a conclusion in accordance with the result obtained in part (iv). Compute the value of the test statistic.

Perform a Correction t-test. Test if p = 0 at the 10% level of significance using a two-sided test, where p is the population Pearson correlation coefficient. The test must include the following: (1) State the hypotheses to be tested. (ii) Determine the rejection region. (iii) (iv) State the decision to be made. (v) Draw a conclusion in accordance with the result obtained in part (iv). Compute the value of the test statistic.

MATLAB: An Introduction with Applications
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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r = 0.8992

The following data are the monthly starting salaries and the Grade Point Averages (GPA) of business graduates who have obtained a first degree in accounting. x: GPA y: Monthly Salary ($) 2.1 19,000 2.5 3.3 3.5 3.1 3.6 2.8 3.5 1.9 18,000 21,000 25,000 20,000 24,000 21,000 24,000 17,000 Suppose that you want to build a simple linear regression model to relate x and y, as follows: y = Bo + Box + E
Transcribed Image Text:The following data are the monthly starting salaries and the Grade Point Averages (GPA) of business graduates who have obtained a first degree in accounting. x: GPA y: Monthly Salary ($) 2.1 19,000 2.5 3.3 3.5 3.1 3.6 2.8 3.5 1.9 18,000 21,000 25,000 20,000 24,000 21,000 24,000 17,000 Suppose that you want to build a simple linear regression model to relate x and y, as follows: y = Bo + Box + E
Perform a Correction t-test. Test if p = 0 at the 10% level of significance using a two-sided test, where p is the population Pearson correlation coefficient. The test must include the following: (1) State the hypotheses to be tested. (11) Determine the rejection region. (iii) (iv) State the decision to be made. (v) Draw a conclusion in accordance with the result obtained in part (iv). Compute the value of the test statistic.
Transcribed Image Text:Perform a Correction t-test. Test if p = 0 at the 10% level of significance using a two-sided test, where p is the population Pearson correlation coefficient. The test must include the following: (1) State the hypotheses to be tested. (11) Determine the rejection region. (iii) (iv) State the decision to be made. (v) Draw a conclusion in accordance with the result obtained in part (iv). Compute the value of the test statistic.
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