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Mathematics, 07.06.2020 00:03 serenityburke

A researcher wants to investigate whether there is a relationship between annual company profit ($) and median annual salary paid by the company ($). The researcher collects data on a random sample of companies and after analyzing the data finds the p-value to be 0.56. Which of the following is an appropriate conclusion based on this p-value?A. There is a 56% chance that there is no relationship between annual company profit and median annual salary paid by the company. B. There is a relationship between annual company profit and median annual salary paid by the company, and the corresponding value of the correlation coefficient is r = 0.56.
C. There is no relationship between annual company profit and median annual salary paid by the company.
D. There is not convincing evidence of a relationship between annual company profit and median annual salary paid by the company.

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