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File Home Insert Draw Design Layout Referer Mailing Review View Help o Condition Formatting Paste Font Paragraph Styles Editi
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Answer #1

Exercise 1 -

Correlation coefficient is 0.937031 which shows there's strong correlation.

Exercise 2 -

Correlation coefficient is positive.

Exercise 3 -

It means that there is positive relationship between two variables i.e. As value of x-variable ariable increases, there will be increase in y-variable also.

Exercise 4 -

Hypothesis -

Null hypothesis - H0 - there is no significant correlation between two variables. I.e. \rho = 0.

Alternative hypothesis - H1 - there is significant correlation between two variables.

Exercise 5 -

If p-value is less than \alpha , then we have to reject H0.

Since, p-value = 0.10 > 0.05

So, we do not reject H0 at 5% level of significance.

Exercise 6 -

If calculated t value is greater than or equal to tabulated value of t, then we have to reject H0 at 5% level of significance.

Here, t = 1.82258

Table value t = 2.262157

Since, calculated value of t is less than tabulated value, so we do not reject H0 at 5% level of significance.

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