Question

A company would like to examine the linear relationship between the age and credit score of an individual. The following table shows the credit scores and ages of 5 randomly selected people. These data have a sample correlation​ coefficient, rounded to three decimal​ places, of 0.953 Using this data alaph=0.10​, test if the population correlation coefficient between a​ person's age and credit score is different than zero. What conclusions can you​ draw? find pvalue and test stat

Age   Credit_Score
39   670
26   650
50   755
22   610
35   665

t stat=

p-value=

Answer 1

The statistical software output for this problem is:

Hence,

t = 5.43

p-value = 0.0123