In: Statistics and Probability
(a) Suppose n = 6 and the sample correlation coefficient is r = 0.888. Is r significant at the 1% level of significance (based on a two-tailed test)? (Round your answers to three decimal places.)
t | = | |
critical t | = |
Conclusion:
Yes, the correlation coefficient ? is significantly different from 0 at the 0.01 level of significance.
No, the correlation coefficient ? is not significantly different from 0 at the 0.01 level of significance.
(b) Suppose n = 10 and the sample correlation coefficient
is r = 0.888. Is r significant at the 1% level of
significance (based on a two-tailed test)? (Round your answers to
three decimal places.)
t | = | |
critical t | = |
Conclusion:
Yes, the correlation coefficient ? is significantly different from 0 at the 0.01 level of significance.
No, the correlation coefficient ? is not significantly different from 0 at the 0.01 level of significance.
(c) Explain why the test results of parts (a) and (b) are different
even though the sample correlation coefficient r = 0.888
is the same in both parts. Does it appear that sample size plays an
important role in determining the significance of a correlation
coefficient? Explain.
As n decreases, the degrees of freedom and the test statistic increase. This produces a smaller P value.
As n increases, the degrees of freedom and the test statistic decrease. This produces a smaller P value.
As n increases, so do the degrees of freedom, and the test statistic. This produces a larger P value.
As n increases, so do the degrees of freedom, and the test statistic. This produces a smaller P value.
vs
Decision rule : P value < 0.1 then reject
(a) We have given, n = 6 and the sample correlation coefficient is r = 0.888.
Degree of freedom =n-2 = 6 - 2 = 4
=3.862
t critical value at the 0.01 level of significance with degree of freedom 4 is 0.917
P value is 0.018 > 0.01 therefore, we fail to reject H0.
P value by using =TDIST(3.862,4,2)
No, the correlation coefficient ? is not significantly different from 0 at the 0.01 level of significance.
(b) Here we have, n = 10 and the sample correlation coefficient is r = 0.888.
=5.462
t critical value at the 0.01 level of significance with degree of freedom 8 is 0.765
P value is 0.0006 < 0.01 therefore, we reject H0.
P value by using =TDIST(5.462,8,2)
Yes, the correlation coefficient ? is significantly different from 0 at the 0.01 level of significance.
(c)
As n increases, so do the degrees of freedom, and the test statistic. This produces a smaller Pvalue.