When Testing Whether the Correlation Coefficient Differs from Zero, the Value

Multiple Choice

When testing whether the correlation coefficient differs from zero, the value of the test statistic is t₂₀ = −2.95 with a corresponding p-value of 0.0061. At the 5% significance level, can you conclude that the correlation coefficient differs from zero?

A) Yes, since the p-value is less than 0.05.
B) Yes, since the absolute value of the test statistic exceeds 0.05.
C) No, since the p-value is less than 0.05.
D) No, since the absolute value of the test statistic exceeds 0.05.