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 |
- Calculate Pearson’s r correlation coefficient?
- What does the result you obtain say? (10points)
Now calculate whether the result obtained is statisticallysignificant
- State the Null and Alternative hypotheses? (5 points)
- Establish your decision criteria and determine t critical (df =N-2).
- Determine t calculated?
6. Are the results significant at the 5% level and explain whatit means in terms of the Null hypothesis? (20 points)
