The researcher wanted to know whether there is a relationship between the number of branches a bank has & the total number of deposits (in billions of dollars) the bank receives. So, eight regional banks are selected as the sample. Then, the number of branches and the number of deposits made are given in the table below. At 0.05 level of significance, determine if there is a significant correlation between the number of branches & the number of deposits made. Bank Number of Branches Deposits (in billion $) P 209 23 353 31 19 7 Y 201 12 344 26 A 132 401 24 L 126 4

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Author:Amos Gilat
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The researcher wanted to know whether there is a relationship between the number of
branches a bank has & the total number of deposits (in billions of dollars) the bank
receives. So, eight regional banks are selected as the sample. Then, the number of
branches and the number of deposits made are given in the table below. At 0.05 level
of significance, determine if there is a significant correlation between the number of
branches & the number of deposits made.
Bank
Number of Branches
Deposits (in billion $)
P
209
23
353
31
19
7
Y
201
12
T
344
26
A
132
401
24
126
4
Transcribed Image Text:The researcher wanted to know whether there is a relationship between the number of branches a bank has & the total number of deposits (in billions of dollars) the bank receives. So, eight regional banks are selected as the sample. Then, the number of branches and the number of deposits made are given in the table below. At 0.05 level of significance, determine if there is a significant correlation between the number of branches & the number of deposits made. Bank Number of Branches Deposits (in billion $) P 209 23 353 31 19 7 Y 201 12 T 344 26 A 132 401 24 126 4
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