A Sample of N = 10,000 (X, Y) Pairs Resulted $H _ { o } : \rho = 0 \text { versus } H _ { \pm} : \rho \neq 0$

Essay

A sample of n = 10,000 (x, y) pairs resulted in r = .022. Test $H _ { o } : \rho = 0 \text { versus } H _ { \pm} : \rho \neq 0$ at level
.05. Is the result statistically significant? Comment on the practical significance of your analysis.