(a) Calculate SSxx, SSyy, and SSxy. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.)
Click here for the Excel Data File
College Student Weekly Earnings in Dollars (n = 5)
Hours Worked (X) Weekly Pay (Y) (xi - x)^2 (yi - y)^2 (xi - x)(yi - y)
9 103 96.04 6400 784
15 174 14.44 81 34.2
19 209 0.04 676 5.2
16 152 7.84 961 86.8
35 277 262.44 8836 1522.8
18.8 183 380.8 16954 2433
x y SSxx SSyy SSxy
(b) Calculate the sample correlation coefficient. Check your work by using Excel's function =CORREL(array1,array2). (Round your answer to 4 decimal places.)
r 0.9575
(c) Find t0.025 for a two-tailed test for zero correlation at ̑ = 0.05. (Round your answer to 3 decimal places.)
t0.025 3.182
(d-1) Calculate the t test statistic. (Round your answer to 3 decimal places.)
tcalc 5.750
(d-2) Should we reject the null hypothesis of zero correlation?
No
Yes
(e) Use Excel's function =T.DIST.2T(t,deg_freedom) to calculate the two-tail p-value. (Round your answer to 4 decimal places.)
p-value 0.0716