In: Statistics and Probability
| 
 Obs  | 
 Income  | 
 GPA  | 
| 
 1  | 
 1.51  | 
 3.18  | 
| 
 2  | 
 3.31  | 
 2.85  | 
| 
 3  | 
 1.81  | 
 1.84  | 
| 
 4  | 
 2.42  | 
 4.61  | 
| 
 5  | 
 1.72  | 
 3.18  | 
| 
 6  | 
 1.63  | 
 3.98  | 
| 
 7  | 
 0.98  | 
 1.35  | 
| 
 8  | 
 1.04  | 
 2.78  | 
| 
 9  | 
 1.55  | 
 3.74  | 
| 
 10  | 
 2.75  | 
 2.87  | 
Now calculate whether the result obtained is statistically significant
6. Are the results significant at the 5% level and explain what it means in terms of the Null hypothesis? (20 points)