1 answer the the relevant excel formula when then place your answers in the cells when given are five observations for two variables, x and y 14 a. compute the 15 b use 4 decimals use 4 decimals the t test statistic for the correlation coefficient.x(1,2,3,4,5)y(3,7,5,12,16)a. Compute the sample correlation coefficientb. Compute the t test statistic for significance using the correlation coefficient