Question
A study of 23 worldwide financial institutions showed the correlation between their assets and pretax profit...
A study of 23 worldwide financial institutions showed the correlation between their assets and pretax profit to be 0.84.
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State the decision rule for 0.025 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)
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Compute the value of the test statistic. (Round your answer to 2 decimal places.)
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Can we conclude that the correlation in the population is greater than zero? Use the 0.025 significance level.
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