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Linear Regression and Correlation of a Random Sample of 15 Paired Observations

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8. The following hypotheses are given.

H0: p >= 0
H1: p < 0

A random sample of 15 paired observations have a correlation of -.46. can we conclude that the correlation in the population is less than zero? Use the .05 significance level.

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The solution provides step by step method for the calculation of test statistic for significance of correlation coefficient. Formula for the calculation and interpretations of the results are also included. This solution is included in one attached Excel and one attached Word file.

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8.The following hypotheses are given.
h_0:ρ≥0
h_0:ρ<0

A random sample of 15 paired observations has a correlation of -.46. Can we conclude that the correlation in the population is less than zero? Use the .05 significance ...

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