= 20 + 7.21 X TY). c. Use the t test to determine whether the selling price is related to annual gross rents. Use α = 0.05. What is the p-value? Use Table 2 from Appendix B. p-value is less than 0.01 What is your conclusion? Conclude that the selling price is related to annual gross rents. d. Use the F test to determine whether the selling price is related to annual gross rents. Use α = 0.05. Compute the F test statistic (to 2 decimals). 28.00 What is the p-value? Use Table 4 from Appendix B. p-value is less than 0.01 What is your conclusion? Conclude that the selling price is related to annual gross rents. e. Predict the selling price of an apartment building with gross annual rents of $50,000 (to 1 decimal). $ thousands.
= 20 + 7.21 X TY). c. Use the t test to determine whether the selling price is related to annual gross rents. Use α = 0.05. What is the p-value? Use Table 2 from Appendix B. p-value is less than 0.01 What is your conclusion? Conclude that the selling price is related to annual gross rents. d. Use the F test to determine whether the selling price is related to annual gross rents. Use α = 0.05. Compute the F test statistic (to 2 decimals). 28.00 What is the p-value? Use Table 4 from Appendix B. p-value is less than 0.01 What is your conclusion? Conclude that the selling price is related to annual gross rents. e. Predict the selling price of an apartment building with gross annual rents of $50,000 (to 1 decimal). $ thousands.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 33E: DVD Player sales The table shows the number of DVD play-ers sold in a small electronics store in the...
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Transcribed Image Text:=
20
+
7.21
X
TY).
c. Use the t test to determine whether the selling price is related to annual gross rents. Use α = 0.05.
What is the p-value? Use Table 2 from Appendix B.
p-value is less than 0.01
What is your conclusion?
Conclude that the selling price is related to annual gross rents.
d. Use the F test to determine whether the selling price is related to annual gross rents. Use α = 0.05.
Compute the F test statistic (to 2 decimals).
28.00
What is the p-value? Use Table 4 from Appendix B.
p-value is less than 0.01
What is your conclusion?
Conclude that the selling price is related to annual gross rents.
e. Predict the selling price of an apartment building with gross annual rents of $50,000 (to 1 decimal).
$
thousands.
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