Question 5 Pearson's correlation is used to analyse the relationship between property size and property price. Table 5 represents Pearson’s correlation output. 1) Give appropriate null and alternative hypotheses. Null hypothesis Ho: Alternative hypothesis H:: 2) What is the correlation coefficient between the two variables? Correlation coefficient: 3) At the alpha level of 0.01, is there a linear relationship between property size and property price? Give your reason. 4) If there is a linear relationship, what is the direction of the relationship? Table 5 Pearson correlation between the two variables Property size Property price Property size Pearson Correlation .86** 1 Sig. (2-tailed) .003 93 93

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
Question
Question 5
Pearson's correlation is used to analyse the relationship between property size and property
price. Table 5 represents Pearson’s correlation output.
1) Give appropriate null and alternative hypotheses.
Null hypothesis Ho:
Alternative hypothesis H::
2) What is the correlation coefficient between the two variables?
Correlation coefficient:
3) At the alpha level of 0.01, is there a linear relationship between property size and property
price? Give your reason.
4) If there is a linear relationship, what is the direction of the relationship?
Table 5 Pearson correlation between the two variables
Property size
Property price
Property size
Pearson Correlation
.86**
1
Sig. (2-tailed)
.003
93
93
Transcribed Image Text:Question 5 Pearson's correlation is used to analyse the relationship between property size and property price. Table 5 represents Pearson’s correlation output. 1) Give appropriate null and alternative hypotheses. Null hypothesis Ho: Alternative hypothesis H:: 2) What is the correlation coefficient between the two variables? Correlation coefficient: 3) At the alpha level of 0.01, is there a linear relationship between property size and property price? Give your reason. 4) If there is a linear relationship, what is the direction of the relationship? Table 5 Pearson correlation between the two variables Property size Property price Property size Pearson Correlation .86** 1 Sig. (2-tailed) .003 93 93
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
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