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A researcher wants to study the factors that influence economic growth in different counties. A sample...

A researcher wants to study the factors that influence economic growth in different counties. A sample size of 850 counties yields a correlation coefficient of 0.112 between the variables for the number of comic book stores and the average income in counties.

a. Should the researcher accept or reject the null hypothesis that the true correlation is zero?

b. If the null hypothesis is rejected, should the researcher conclude that a causal relationship exists between the two variables?

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Answer #1

Solution; Given that, n=850, 8=0.112 Ho: s=0 vs Hi; Ito under Ho; Test statistic is ta ofn-2 0.112 x 5848 Sir Ti-lolla t= 3.2

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