document.write( "Question 301969: For 20 corporations, we found that the correlation coefficient between financial performance and the number of illegal actions detected is -.5. Test the null hypothesis that the population correlation coefficient is equal to zero, against the alternative hypothesis that it is less than zero. Use an alpha of 0.05. It is a _____ hypothesis test.\r
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document.write( "Is this a one tailed or two tailed hypothesis test? \n" );
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Algebra.Com's Answer #216538 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! For 20 corporations, we found that the correlation coefficient between financial performance and the number of illegal actions detected is -.5. Test the null hypothesis that the population correlation coefficient is equal to zero, against the alternative hypothesis that it is less than zero. Use an alpha of 0.05. \n" ); document.write( "---------------------------------\r \n" ); document.write( "\n" ); document.write( "It is a bivariate regression hypothesis test. \n" ); document.write( "Is this a one tailed or two tailed hypothesis test? \n" ); document.write( "Ans: left-tail. \n" ); document.write( "--------------------------------- \n" ); document.write( "Ho: rho = 0 \n" ); document.write( "Ha: rho < 0 \n" ); document.write( "--- \n" ); document.write( "test stat: t = -0.5/[sqrt[(1-(-0.5)^2)/(20-2)) = -2.4495 \n" ); document.write( "p-value: P(t<-2.4495 with df=10) = 0.0121 \n" ); document.write( "--- \n" ); document.write( "Conclusion: Since the p-value is less that 5%, reject Ho. \n" ); document.write( "====================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "====================== \n" ); document.write( " \n" ); document.write( " |