A researcher investigated the relationship between family income and savings. Using data from 15 families, the computed r between income and savings was found to be 0.76. Is the computed r significant at 5% ? Can we conclude that the relationship really exists? ANSWER Но: На: Computed Value: Tabular value: Decision: Summary:

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
Calculate the following questions and use the table for reference.Show the complete solution. 
A researcher investigated the relationship between family income and savings.
Using data from 15 families, the computed r between income and savings was
found to be 0.76. Is the computed r significant at 5% ? Can we conclude that the
relationship really exists?
ANSWER
Но:
На:
Computed Value:
Tabular value:
Decision:
Summary:
Transcribed Image Text:A researcher investigated the relationship between family income and savings. Using data from 15 families, the computed r between income and savings was found to be 0.76. Is the computed r significant at 5% ? Can we conclude that the relationship really exists? ANSWER Но: На: Computed Value: Tabular value: Decision: Summary:
Level of Significance of a One-Tailed or Directional Test
Ho: p 5 0 or H: p 20
a = 0.025
a = 0.1
a = 0.05
a = 0.01
a = 0.005
a = 0.0005
Level of Significance of a Two-Tailed or Nondirectional Test
Ho: p = 0
a = 0.02
df
a = 0.2
a = 0.1
a = 0.05
a = 0.01
a = 0.001
0.9511
0.9877
0.9969
0.9995
0.9999
0.9999
0.8000
0.9000
0.9500
0.9800
0.9900
0.9990
3
0.6870
0.8054
0.8783
0.9343
0.9587
0.9911
4
0.6084
0.7293
0.8114
0.8822
0.9172
0.9741
5
0.5509
0.6694
0.7545
0.8329
0.8745
0.9509
0.5067
0.6215
0.7067
0.7887
0.8343
0.9249
0.4716
0.5822
0.6664
0.7977
0.8983
0.8721
0.7498
8
0.4428
0.5494
0.6319
0.7155
0.7646
0.4187
0.5214
0.6021
0.6851
0.7348
0.8470
10
0.3981
0.4973
0.5760
0.6581
0.7079
0.8233
11
0.3802
0.4762
0.5529
0.6339
0.6835
0.8010
12
0.3646
0.4575
0.5324
0.6120
0.6614
0.7800
0.5140
0.4973
13
0.3507
0.4409
0.5923
0.6411
0.7604
14
0.3383
0.4259
0.5742
0.6226
0.7419
15
0.3271
0.4124
0.4821
0.5577
0.6055
0.7247
16
0.3170
0.4000
0.4683
0.5425
0.5897
0.7084
17
0.3077
0.3887
0.4555
0.5285
0.5751
0.6932
0.5614
0.5487
18
0.2992
0.3783
0.4438
0.5155
0.6788
19
0.2914
0.3687
0.4329
0.5034
0.6652
20
0.2841
0.3598
0.4227
0.4921
0.5368
0.6524
21
0.2774
0.3515
0.4132
0.4815
0.5256
0.6402
22
0.2711
0.3438
0.4044
0.4716
0.5151
0.6287
0.3365
0.3297
0.6178
0.6074
23
0.2653
0.3961
0.4622
0.5052
0.3882
0.3809
24
0.2598
0.4534
0.4958
25
0.2546
0.3233
0.4451
0.4869
0.5974
30
0.2327
0.2960
0.3494
0.4093
0.4487
0.5541
35
0.2156
0.2746
0.3246
0.3810
0.4182
0.5189
40
0.2018
0.2573
0.3044
0.3578
0.3932
0.4896
50
0.1806
0.2306
0.2732
0.3218
0.3542
0.4432
60
0.1650
0.2108
0.2500
0.2948
0.3248
0.4079
0.2737
0.2565
70
0.1528
0.1954
0.2319
0.3017
0.3798
80
0.1430
0.1829
0.2172
0.2830
0.3568
90
0.1348
0.1726
0.2050
0.2422
0.2673
0.3375
100
0.1279
0.1638
0.1946
0.2301
0.2540
0.3211
150
0.1045
0.1339
0.1593
0.1886
0.2084
0.2643
300
0.0740
0.0948
0.1129
0.1338
0.1480
0.1884
500
0.0573
0.0735
0.0875
0.1038
0.1149
0.1464
1000
0.0405
0.0520
0.0619
0.0735
0.0813
0.1038
Transcribed Image Text:Level of Significance of a One-Tailed or Directional Test Ho: p 5 0 or H: p 20 a = 0.025 a = 0.1 a = 0.05 a = 0.01 a = 0.005 a = 0.0005 Level of Significance of a Two-Tailed or Nondirectional Test Ho: p = 0 a = 0.02 df a = 0.2 a = 0.1 a = 0.05 a = 0.01 a = 0.001 0.9511 0.9877 0.9969 0.9995 0.9999 0.9999 0.8000 0.9000 0.9500 0.9800 0.9900 0.9990 3 0.6870 0.8054 0.8783 0.9343 0.9587 0.9911 4 0.6084 0.7293 0.8114 0.8822 0.9172 0.9741 5 0.5509 0.6694 0.7545 0.8329 0.8745 0.9509 0.5067 0.6215 0.7067 0.7887 0.8343 0.9249 0.4716 0.5822 0.6664 0.7977 0.8983 0.8721 0.7498 8 0.4428 0.5494 0.6319 0.7155 0.7646 0.4187 0.5214 0.6021 0.6851 0.7348 0.8470 10 0.3981 0.4973 0.5760 0.6581 0.7079 0.8233 11 0.3802 0.4762 0.5529 0.6339 0.6835 0.8010 12 0.3646 0.4575 0.5324 0.6120 0.6614 0.7800 0.5140 0.4973 13 0.3507 0.4409 0.5923 0.6411 0.7604 14 0.3383 0.4259 0.5742 0.6226 0.7419 15 0.3271 0.4124 0.4821 0.5577 0.6055 0.7247 16 0.3170 0.4000 0.4683 0.5425 0.5897 0.7084 17 0.3077 0.3887 0.4555 0.5285 0.5751 0.6932 0.5614 0.5487 18 0.2992 0.3783 0.4438 0.5155 0.6788 19 0.2914 0.3687 0.4329 0.5034 0.6652 20 0.2841 0.3598 0.4227 0.4921 0.5368 0.6524 21 0.2774 0.3515 0.4132 0.4815 0.5256 0.6402 22 0.2711 0.3438 0.4044 0.4716 0.5151 0.6287 0.3365 0.3297 0.6178 0.6074 23 0.2653 0.3961 0.4622 0.5052 0.3882 0.3809 24 0.2598 0.4534 0.4958 25 0.2546 0.3233 0.4451 0.4869 0.5974 30 0.2327 0.2960 0.3494 0.4093 0.4487 0.5541 35 0.2156 0.2746 0.3246 0.3810 0.4182 0.5189 40 0.2018 0.2573 0.3044 0.3578 0.3932 0.4896 50 0.1806 0.2306 0.2732 0.3218 0.3542 0.4432 60 0.1650 0.2108 0.2500 0.2948 0.3248 0.4079 0.2737 0.2565 70 0.1528 0.1954 0.2319 0.3017 0.3798 80 0.1430 0.1829 0.2172 0.2830 0.3568 90 0.1348 0.1726 0.2050 0.2422 0.2673 0.3375 100 0.1279 0.1638 0.1946 0.2301 0.2540 0.3211 150 0.1045 0.1339 0.1593 0.1886 0.2084 0.2643 300 0.0740 0.0948 0.1129 0.1338 0.1480 0.1884 500 0.0573 0.0735 0.0875 0.1038 0.1149 0.1464 1000 0.0405 0.0520 0.0619 0.0735 0.0813 0.1038
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
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