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MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
![Determine if there is a significant correlation between the sets of data at a 10% significance level.
56 34 47 57 50 58 49
63 23 64 27 58 38 33
59 56
y
58 25
Negative Critical Value, tcrit =
[three decimal accuracy]
Positive Critical Value, tcrit =
[three decimal accuracy]
Test Statistic, ttest -
[three decimal accuracy]
Test Condusion:
O Reject Ho. There is enough evidence to suggest a significant (positive or negative) linear correlation
between the data sets.
Fail to Reject Ho. There is not enough evidence to suggest a significant (positive or negative) linear
correlation between the data sets.](https://content.bartleby.com/qna-images/question/bd04cd21-8916-42c5-ae98-184766c0ea18/48cc4a3d-7275-41bb-8b73-aa6c815ea5b5/omkhl1_thumbnail.png)
Transcribed Image Text:Determine if there is a significant correlation between the sets of data at a 10% significance level.
56 34 47 57 50 58 49
63 23 64 27 58 38 33
59 56
y
58 25
Negative Critical Value, tcrit =
[three decimal accuracy]
Positive Critical Value, tcrit =
[three decimal accuracy]
Test Statistic, ttest -
[three decimal accuracy]
Test Condusion:
O Reject Ho. There is enough evidence to suggest a significant (positive or negative) linear correlation
between the data sets.
Fail to Reject Ho. There is not enough evidence to suggest a significant (positive or negative) linear
correlation between the data sets.
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- Determine if there is a significant correlation between the sets of data at a 10% significance level. X 63 32 28 23 39 37 43 21 y 89 64 61 57 70 68 73 56 Negative Critical Value, tcrit [three decimal accuracy] Positive Critical Value, tcrit [three decimal accuracy] Test Statistic, ttest %3D [three decimal accuracy] Test Conclusion: Reject Ho. There is enough evidence to suggest a significant (positive or negative) linear correlation between the data sets. Fail to Reject Ho. There is not enough evidence to suggest a significant (positive or negative) linear correlation between the data sets.arrow_forwardListed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant linear correlation between advertising cost and profit . Use a significance level of 0.05 and round all values to 4 decimal places. Advertising Cost Profit 3 19 4 16 24 6 29 7 25 27 10 30 Ho: p = 0 На: р * 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is O Less than (or equal to) a O Greater than a The p-value leads to a decision to O Do Not Reject Ho O Accept Ho O Reject Ho The conclusion is O There is a significant negative linear correlation between advertising expense and profit. O There is a significant linear correlation between advertising expense and profit. O There is a significant positive linear correlation between advertising expense and profit. O There is insufficient evidence to make a conclusion about the linear correlation between advertising expense and…arrow_forwardListed below are paired data consisting of amounts spent on advertising (in millions of dollars) and the profits (in millions of dollars). Determine if there is a significant linear correlation between advertising cost and profit Use a significance level of 0.01 and round all values to 4 decimal places. Advertising Cost Profit 3 21 4 16 5 29 17 7 28 8 21 Ho: p = 0 Ha: p +0 Find the Linear Correlation Coefficient r= Find the p-value p-value = The p-value is Less than (or equal to) a OGreater than a The p-value leads to a decision to Do Not Reject Ho OReject Ho OAccept Hoarrow_forward
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