You are testing the null hypothesis that there is no relationship between two variables. X and Y. From your sample of n = 20, you determine that SSR-80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA Ho B₁50 H₁: B₁>0 OC. Ho B₁0 FSTAT H₁: B₁ =0 =72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? OA. Reject Ho. There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing and assuming that b, is negative. 2=(Round to four decimal places as needed.) OB. HB, 20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ #0
You are testing the null hypothesis that there is no relationship between two variables. X and Y. From your sample of n = 20, you determine that SSR-80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA Ho B₁50 H₁: B₁>0 OC. Ho B₁0 FSTAT H₁: B₁ =0 =72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? OA. Reject Ho. There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing and assuming that b, is negative. 2=(Round to four decimal places as needed.) OB. HB, 20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ #0
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools
Section: Chapter Questions
Problem 15CYBK
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning