When Testing Whether the Correlation Coefficient Differs from Zero,the Value

question 49

Multiple Choice

When testing whether the correlation coefficient differs from zero,the value of the test statistic is with a corresponding p-value of 0.0061.At the 5% significance level,can you conclude that the correlation coefficient differs from zero?

• A)Yes,since the p-value is less than 0.05.
• B)Yes,since the absolute value of the test statistic exceeds 0.05.
• C)No,since the p-value is less than 0.05.
• D)No,since the absolute value of the test statistic exceeds 0.05.

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Definitions:

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Classical Economists

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