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In: Statistics and Probability

A business built a simple linear regression model from a sample of 20 units. The resulting...

A business built a simple linear regression model from a sample of 20 units. The resulting linear model equation is y' = 7.53 + 0.225x.

The correlation coefficient is 0.55. What is the value of the t critical value used to make the rejection region for the test "Is the correlation coefficient significantly different from zero?"  α= 0.01

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