Multiple Choice
A recent study of 15 shoppers showed that the correlation between the time spent in the store and the dollars spent was 0.235. Using a significance level equal to 0.05, which of the following is true?
A) The null hypothesis that the population mean is equal to zero should be rejected and we should conclude that the true correlation is not equal to zero.
B) Based on the sample data there is not enough evidence to conclude that the true correlation is different from zero.
C) The sample correlation coefficient could be zero since the test statistic does not fall in the rejection region.
D) The null hypothesis should be rejected because the test statistic exceeds the critical value.
Correct Answer:

Verified
Correct Answer:
Verified
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