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  • https://stats.libretexts.org/Courses/Fresno_City_College/Introduction_to_Business_Statistics_-_OER_-_Spring_2023/13%3A_Linear_Regression_and_Correlation/13.03%3A_Testing_the_Significance_of_the_Correlation_Coefficient
    The test statistic to test this hypothesis is: \[t_{c}=\frac{r}{\sqrt{\left(1-r^{2}\right) /(n-2)}}\nonumber\] \[t_{c}=\frac{r \sqrt{n-2}}{\sqrt{1-r^{2}}}\nonumber\] Where the second formula is an equ...The test statistic to test this hypothesis is: \[t_{c}=\frac{r}{\sqrt{\left(1-r^{2}\right) /(n-2)}}\nonumber\] \[t_{c}=\frac{r \sqrt{n-2}}{\sqrt{1-r^{2}}}\nonumber\] Where the second formula is an equivalent form of the test statistic, \(n\) is the sample size and the degrees of freedom are \(n-2\).
  • https://stats.libretexts.org/Courses/Fresno_City_College/Book%3A_Business_Statistics_Customized_(OpenStax)/13%3A_Linear_Regression_and_Correlation/13.03%3A_Testing_the_Significance_of_the_Correlation_Coefficient
    The hypothesis test lets us decide whether the value of the population correlation coefficient \rho is "close to zero" or "significantly different from zero". We decide this based on the sample correl...The hypothesis test lets us decide whether the value of the population correlation coefficient \rho is "close to zero" or "significantly different from zero". We decide this based on the sample correlation coefficient \(r\) and the sample size \(n\). Calculate the \(t\)-value and compare that with the critical value from the \(t\)-table at the appropriate degrees of freedom and the level of confidence you wish to maintain.
  • https://stats.libretexts.org/Courses/Saint_Mary's_College_Notre_Dame/BFE_1201_Statistical_Methods_for_Finance_(Kuter)/08%3A_Linear_Regression_and_Correlation/8.03%3A_Testing_the_Significance_of_the_Correlation_Coefficient
    The hypothesis test lets us decide whether the value of the population correlation coefficient \rho is "close to zero" or "significantly different from zero". We decide this based on the sample correl...The hypothesis test lets us decide whether the value of the population correlation coefficient \rho is "close to zero" or "significantly different from zero". We decide this based on the sample correlation coefficient \(r\) and the sample size \(n\). Calculate the \(t\)-value and compare that with the critical value from the \(t\)-table at the appropriate degrees of freedom and the level of confidence you wish to maintain.

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