MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
Bartleby Related Questions Icon

Related questions

bartleby

Concept explainers

Question
Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a
sample of 15 stations last Tuesday, the correlation was 0.79.
1. State the decision rule for 0.100 significance level. (Round your answer to 3 decimal places.)
Reject H0 if t>
2. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
Value of the test statistic is
3. Can we conclude that the correlation in the population is greater than zero? Use the 0.100 significance level.
HO. We
conclude that the correlation in the population is
Zero.
expand button
Transcribed Image Text:Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 15 stations last Tuesday, the correlation was 0.79. 1. State the decision rule for 0.100 significance level. (Round your answer to 3 decimal places.) Reject H0 if t> 2. Compute the value of the test statistic. (Round your answer to 3 decimal places.) Value of the test statistic is 3. Can we conclude that the correlation in the population is greater than zero? Use the 0.100 significance level. HO. We conclude that the correlation in the population is Zero.
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman