Given a set of data with a correlation coefficient of 0.89 and a sample size of 20, is the correlation significant?
Step 4: Compare the value of t obtained with the critical t-value in the t-distribution table for degrees of freedom n-2 = 18 and significance level of 0.05, usually, the critical t-value is approximately 2.101.
Step 1 :Step 1: Compute the test statistic using the formula:
Step 2 :Step 2: Substitute the given values into the formula:
Step 3 :Step 3: Solve the expression to find the value of t
Step 4 :Step 4: Compare the value of t obtained with the critical t-value in the t-distribution table for degrees of freedom n-2 = 18 and significance level of 0.05, usually, the critical t-value is approximately 2.101.