Testing the correlation between price and rating. Example

Chapter , Problem 16.73

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Testing the correlation between price and rating. Example 16.10 (page 16-36) uses the bootstrap to find a confidence interval for the correlation between price and rating for 24 laundry detergents. Lets use a permutation test to examine this correlation. LAUNDRY (a) State the null and alternative hypotheses. (b) Perform a permutation test based on the sample correlation. Report the P-value and draw a conclusion.

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