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Basic Question 3 of 3
For a given line of best fit, you compute that r = 0.5204 using n = 9 data points, and the critical value is 2.3646. Can the line be used for prediction?
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Learning Outcome Statements
explain parametric and nonparametric tests of the hypothesis that the population correlation coefficient equals zero, and determine whether the hypothesis is rejected at a given level of significance
CFA® 2024 Level I Curriculum, Volume 1, Module 9.