A Research Analyst Believes That a Positive Relationship Exists Between

question 2

Multiple Choice

A research analyst believes that a positive relationship exists between a firm's advertising expenditures and its sales. For 65 firms, she collects data on each firm's yearly advertising expenditures and its sales. She calculates a Spearman rank correlation coefficient of 0.45. The value of the test statistic and p-value are ________, respectively.

• A) 3.60 and 0.0002
• B) 3.60 and 0.0004
• C) 3.63 and 0.0002
• D) 3.63 and 0.0004

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