Find the Critical Value $\mathrm { r } _ { \mathrm { S } }$

question 92

Essay

Find the critical value. Assume that the test is two-tailed and that n denotes the number of pairs of data.
-Given that the rank correlation coefficient, r $\mathrm { r } _ { \mathrm { S } }$ , for 37 pairs of data is 0.324, test the claim of correlation between
the two variables. Use a significance level of 0.01.

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Definitions:

Corporate Marginal Tax Rate

The tax rate that a corporation pays on its last dollar of taxable income, which can impact corporate investment decisions and strategies.

Marginal Tax Rate

The percentage of tax levied on the last dollar of an income earner's taxable income, reflecting the tax applied to each income level for which the taxpayer is eligible.

After-Tax Cost

The net cost of an investment or financing after taking into account the effects of taxation.

Dividend Growth

Refers to the year-over-year increase in dividends paid out by a company, indicating its ability to generate increasing profits over time.