An engineer has two meters for reading electrical resistance, and wishes to know whether they differ systematically in their readings. For 12 different circuits, the engineer records the reading using...

An engineer has two meters for reading electrical resistance, and wishes to know whether they differ systematically in their readings. For 12 different circuits, the engineer records the reading using both meter A and meter B.

Describe a randomization procedure for assigning a p value to a Spearman correlation coefficient. What hypothesis is being tested? Would the same procedure work for a Pearson correlation coefficient?