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General statistics

Please use Excel when necessary:
1) When the p-value is smaller than the significance level:
a) A type 1 error is committed
b) A type 11 error is committed
c) The null hypothesis is rejected
d) The critical value is correct. Problem #

2) The coefficient of correlation between the variables X and Y was computed to be -0.60 this means:
a) As X increases Y decreases
b) X and Y are bot 0
c) As X increases Y increases
d As X decreases Y decreases

Solution Summary

Please use Excel when necessary:
1) When the p-value is smaller than the significance level:
a) A type 1 error is committed
b) A type 11 error is committed
c) The null hypothesis is rejected
d) The critical value is correct. Problem #

2) The coefficient of correlation between the variables X and Y was computed to be -0.60 this means:
a) As X increases Y decreases
b) X and Y are bot 0
c) As X increases Y increases
d As X decreases Y decreases

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