95 59 70 56 70 42 35 24 The estimated regression equation for this data is - 23.398 + 0.306x, where x- price ($) and y= overall score. Does the t test indicate a significant relationship between price and the overall score? Use a- 0.05. State the null and alternative hypotheses. O Ha: o-0 H: Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value -

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Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest).
Brand
Price ($)
Score
A
180
74
B
150
69
95
59
70
56
70
42
F
35
24
(a) The estimated regression equation for this data is ý = 23.398 + 0.306x, where x = price ($) and y = overall score. Does the t test indicate a significant relationship between price and the overall score? Use a = 0.05.
State the null and alternative hypotheses.
O Ho: Bo = 0
H: Bo + 0
O Ho: B, = 0
O Ho: B1 + 0
H: B1 = 0
O Ho: B, 20
H: B, < 0
O Ho: Bo *0
H: Bo = 0
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value =
What is your conclusion?
O Do not reject Hn. We cannot conclude that the relationship between price ($) and overall score is significant.
O Reject H.. We cannot conclude that the relationship between price ($) and overall score is significant.
O Do not reject Hn. We conclude that the relationship between price ($) and overall score is significant.
O Reject H.. We conclude that the relationship between price ($) and overall score is significant.
Transcribed Image Text:Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). Brand Price ($) Score A 180 74 B 150 69 95 59 70 56 70 42 F 35 24 (a) The estimated regression equation for this data is ý = 23.398 + 0.306x, where x = price ($) and y = overall score. Does the t test indicate a significant relationship between price and the overall score? Use a = 0.05. State the null and alternative hypotheses. O Ho: Bo = 0 H: Bo + 0 O Ho: B, = 0 O Ho: B1 + 0 H: B1 = 0 O Ho: B, 20 H: B, < 0 O Ho: Bo *0 H: Bo = 0 Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? O Do not reject Hn. We cannot conclude that the relationship between price ($) and overall score is significant. O Reject H.. We cannot conclude that the relationship between price ($) and overall score is significant. O Do not reject Hn. We conclude that the relationship between price ($) and overall score is significant. O Reject H.. We conclude that the relationship between price ($) and overall score is significant.
(b) Test for a significant relationship using the F test. Use a = 0.05.
State the null and alternative hypotheses.
O Ho: B, + 0
H: B, = 0
O Ho: B = 0
H: B, + 0
O Ho: Bo +0
H: 80 = 0
O Ho: Bq20
H: B, < 0
O Ho: Bo = 0
H: Bo + 0
Find the value of the test statistic. (Round your answer to two decimal places.)
Find the p-value. (Round your answer to three decimal places.)
P-value =
What is your conclusion?
O Do not reject H.. We conclude that the relationship between price ($) and overall score is significant.
O Reject H. We conclude that the relationship between price ($) and overall score is significant.
O Reject H.. We cannot conclude that the relationship between price ($) and overall score is significant.
O Do not reject H,. We cannot conclude that the relationship between price ($) and overall score is significant.
(c) Show the ANOVA table for these data. (Round your p-value to three decimal places and all other values to two decimal places.)
Source
Sum
Degrees
of Freedom
Mean
of Variation
of Squares
Square
p-value
Regression
Error
Total
Transcribed Image Text:(b) Test for a significant relationship using the F test. Use a = 0.05. State the null and alternative hypotheses. O Ho: B, + 0 H: B, = 0 O Ho: B = 0 H: B, + 0 O Ho: Bo +0 H: 80 = 0 O Ho: Bq20 H: B, < 0 O Ho: Bo = 0 H: Bo + 0 Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) P-value = What is your conclusion? O Do not reject H.. We conclude that the relationship between price ($) and overall score is significant. O Reject H. We conclude that the relationship between price ($) and overall score is significant. O Reject H.. We cannot conclude that the relationship between price ($) and overall score is significant. O Do not reject H,. We cannot conclude that the relationship between price ($) and overall score is significant. (c) Show the ANOVA table for these data. (Round your p-value to three decimal places and all other values to two decimal places.) Source Sum Degrees of Freedom Mean of Variation of Squares Square p-value Regression Error Total
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