Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 153

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
For a random sample of 263 professionals,the correlation between their age and their income was found to be 0.17.You are interested in testing the null hypothesis that there is no linear relationship between these two variables against the alternative that there is a positive relationship.
-What is the most accurate statement that can be made about the p-value for this test?


A) p-value < 0.005
B) p-value < 0.01
C) p-value < 0.025
D) p-value < 0.05

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q148: How would you best explain the y-intercept

Q149: THE NEXT QUESTIONS ARE BASED ON THE

Q150: One of the standard assumptions of the

Q151: THE NEXT QUESTIONS ARE BASED ON THE

Q152: When the predicted values of y and

Q154: Develop a 90% confidence interval for the

Q155: THE NEXT QUESTIONS ARE BASED ON THE

Q156: THE NEXT QUESTIONS ARE BASED ON THE

Q157: In general,increasing the number of observations will

Q158: THE NEXT QUESTIONS ARE BASED ON THE