NOTE: To test H0: r 0 against H1: r 0, reject H0 if the absolute value of r is greater than the critical value in the table.
General considerations • Context of the data • Source of the data • Sampling method • Measures of center • Measures of variation • Nature of distribution • Outliers • Changes over time • Conclusions • Practical implications
FINDING P-VALUES
HYPOTHESIS TEST: WORDING OF FINAL CONCLUSION
Inferences about M: choosing between t and normal distributions t distribution: or Normal distribution: or s not known and normally distributed population s not known and n 30 s known and normally distributed population s known and n 30 30
Nonparametric method or bootstrapping: Population not normally distributed and n
TABLE A-3
t Distribution: Critical t Values
0.005 0.01 Area in One Tail 0.025 Area in Two Tails 0.05 12.706 4.303 3.182 2.776 2.571 2.447 2.365 2.306 2.262 2.228 2.201 2.179 2.160 2.145 2.131 2.120 2.110 2.101 2.093 2.086 2.080 2.074 2.069 2.064 2.060 2.056 2.052 2.048 2.045 2.042 2.040 2.037 2.035 2.032 2.030 2.028 2.026 2.024 2.023 2.021 2.014 2.009 2.000 1.994 1.990 1.987 1.984 1.972 1.968 1.966 1.965 1.962 1.961 1.960 0.05 0.10