In this paper, we study an inference problem for a stochastic model where the deterministic LotkaVolterra system of ordinary differential equations (ODE) is perturbed with random error. The deterministic system describes the ecological interaction between prey and predator, but depends on unknown parameters. More precisely, we consider testing problems concerning the interaction parameters of the ODE. By assuming that the random errors follow correlated Ornstein-Uhlenbeck processes, we propose a likelihood ratio test and study the asymptotic properties of this test. Finally, we perform some simulation studies that corroborate our theoretical results and we apply the suggested test to two real data sets (Canadian mink-muskrat and paramecium-didinium data sets).