Will sells cars. He thinks there is a positive correlation between the price of a car and its mileage.
He calculates the product moment correlation coefficient between these two variables for a random sample of 12 cars and obtains r=0.600r = 0.600r=0.600
Carry out a suitable test to investigate Will's belief at a 5% level of significance.
State clearly
Hence state whether there is evidence to support Will's belief at a 1% level of significance.
State clearly your critical value.
340 exam-style questions on Edexcel A Level Maths Regression, Correlation and Hypothesis Testing, covering 1.1 Exponential Models, 1.2 Measuring Correlation, and 1.3 Hypothesis Testing for Zero Correlation. Each one has a worked solution and a mark scheme showing where the marks go.