Five step hypothesis test-correlation

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Consumer Reports magazine tested paints. The table below shows the overall quality score and cost in dolllars per gallon. Test for a correlation. Based on these results, do you get better quality paint by paying more?

Quality

90 87 87 86 86 86 82 81 78 62 61 59 23

Cost

27 32 34 30 20 19 19 36 15 39 24 25 15

(i) Test statistic:

(ii) Critical values:

(iii) Conclusion on H0:

(iv) Interpret the results according to the problem.

Reference no: EM13110219

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