Solved: Finding the critical value of ra, Basic Statistics

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Finding the critical value of ra

Discussion:

Q: (a) Make a scatter plot of the data. What does it suggest about the correlation between X and Y? (b) Use Megastat or Excel to calculate the correlation coefficient. (c) Use Excel to find t.05 for a two-tailed test. (d) Calculate the t test statistic (e) Calculate critical value of ra. (f) Can you reject p=0?

Orders(X) Shipping (Y)
1068 4489
1026 5611
767 3290
885 4113
1156 4883
1146 5425
892 4414
938 5506
769 3346
677 3673
1174 6542
1009 5088

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