
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Transcribed Image Text:Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a
sample of 17 stations last Tuesday, the correlation was 0.51.
1. State the decision rule for 0.025 significance level. (Round your answer to 3 decimal places.)
Reject H0 if t >
2. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
Value of the test statistic is
3. Can we conclude that the correlation in the population is greater than zero? Use the 0.025 significance level.
|но. We
conclude that the correlation in the population is
Zero.
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