Question

In: Statistics and Probability

What is the p value for the correlation and what does it mean? students AS G...

What is the p value for the correlation and what does it mean?

students AS G
1 8 81
2 9 97
3 8 72
4 7 79
5 6 70
6 4 60
7 6 81
8 7 87
9 6 77
10 0 85
11 6 64
12 7 91
13 8 75
14 7 73
15 7 76
16 8 83
17 8 83
18 2 55
19 8 92
20 9 92
21 8 90
22 7 62
23 9 85
24 7 57
25 5 82
26 9 91
27 8 69
28 5 66
29 9 88
30 8 74

Solutions

Expert Solution

Bring the above data in to excel sheet. Please follow the step by step procedure to find correlation and P value. Next to find whether the P value is statistically significant or not.

1. Go to data --> data analysis --> choose regression statistics.

2. input Y range and X range , and finally choose output range then click ok.

3. Regression output will be populated in excel sheet.

4. There is a "Multiple R " value in the first row will be the correlation value.

5. Correlation = Multiple R value

6. Directly without statistics also we can find correlation value with excel formula "=CORREL(Variable 1, Variable 2)

7. Inthe above image highlighted P value and Significance F. Both are same in the regression statistics.

8. Now we need to find P value rules.

9. The P-value is the probability that you would have found the current result if thecorrelation coefficient were in fact zero (null hypothesis). If this probability is lower than the conventional 5% (P<0.05) the correlation coefficient is called statistically significant.

10. Our P value is 0.014 < 0.05. So statistically significant


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