Essay
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The data below are for the number of unemployed persons (in millions)and the federal unemployment insurance payments (in billions of dollars)for the years 1978-1985.Some economists state that these two variables are positively related.
-Test the null hypothesis that the true population coefficient of correlation equals zero using the 0.05 significance level.
Correct Answer:

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H0 : ρ = 0 There is no linear relationshi...View Answer
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