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A Study of the Top 75 MBA Programs Attempted to Predict

question 16

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A study of the top 75 MBA programs attempted to predict the average starting salary (in $1000\$ 1000 's) of graduates of the program based on the amount of tuition (in $1000\$ 1000 's) charged by the program. We are told that the coefficient of correlation was calculated to be r=0.7763r = 0.7763 . Use this information to calculate the test statistic that would be used to determine if a positive linear relationship exists between the two variables.


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