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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Definitions:

Fresh Popcorn

Newly made popcorn, characterized by its warm temperature and crisp texture, often associated with movie theaters and snacking.

Quit A Habit

The process of stopping or breaking a regular tendency or practice, especially one that is considered detrimental to one’s health or well-being.

Daily Routine

A fixed schedule of activities that a person follows every day, which often helps in organizing time and tasks efficiently.

Smoking

The practice of inhaling and exhaling the smoke of burning tobacco, which can lead to addiction and various health issues.