A researcher developed a regression model to predict the cost of a meal based on the summated rating (sum of ratings for food, decor, and service) and the cost per meal for 12 restaurants. The results of the study show that b, =1.4029 and Sp, = 0.1981. a. At the 0.05 level of significance, is there evidence of a linear relationship between the summated rating of a restaurant and the cost of a meal? b. Construct a 95% confidence interval estimate of the population slope. ₁. a. Determine the hypotheses for the test. Choose the correct answer below. OA. H₂: ₂50 H₂: B₂ > 0 OD. H₂ B, 20 H₁: B, <0 Compute the test statistic. The test statistic is 7.08. (Round to two decimal places as needed.) Determine the critical value(s). B. H₂ P₁ = 0 H₂ B, 0 OE. H₂: B₂ = 0 Họ: Boo OC. H₂: B₂ 20 H₁: B₂ <0 OF. H₂ B, 50 H₁: B₂ > 0 The critical value(s) is(are) -2.23.2.23 (Use a comma to separate answers as needed. Round to two decimal places as needed.) Reach a decision. Reject H.. There is sufficient evidence at the 0.05 level of significance to conclude that there is a linear relationship between the summated rating and the cost of a meal at a restaurant. b. The 95% confidence interval is ≤B, < (Round to four decimal places as needed.)

MATLAB: An Introduction with Applications
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A researcher developed a regression model to predict the cost of a meal based on the summated rating (sum of ratings for food, decor, and service) and the cost per meal for 12 restaurants. The results of the study show that b₁ = 1.4029 and Sp, = 0.1981.
a. At the 0.05 level of significance, is there evidence of a linear relationship between the summated rating of a restaurant and the cost of a meal?
b. Construct a 95% confidence interval estimate of the population slope, B₁.
a. Determine the hypotheses for the test. Choose the correct answer below.
O A. Ho: Bo ≤0
H: Boo
O D. Ho: B₁ 20
H₁: B₁ <0
Compute the test statistic.
The test statistic is 7.08. (Round to two decimal places as needed.)
Determine the critical value(s).
The critical value(s) is (are) -2.23,2.23
(Use a comma to separate answers as needed. Round to two decimal places as needed.)
Reach a decision.
B. Ho: B₁=0
H₁: B₁ #0
O E. Ho: Bo=0
Hi: Bo#0
C
OC. Ho: B₂ 20
Hi Boo
OF. Ho: B₁ ≤0
H₁: B₁ > 0
Reject Ho. There is sufficient evidence at the 0.05 level of significance to conclude that there is a linear relationship between the summated rating and the cost of a meal at a restaurant.
b. The 95% confidence interval is ≤ ³₁ ≤
(Round to four decimal places as needed.)
Transcribed Image Text:A researcher developed a regression model to predict the cost of a meal based on the summated rating (sum of ratings for food, decor, and service) and the cost per meal for 12 restaurants. The results of the study show that b₁ = 1.4029 and Sp, = 0.1981. a. At the 0.05 level of significance, is there evidence of a linear relationship between the summated rating of a restaurant and the cost of a meal? b. Construct a 95% confidence interval estimate of the population slope, B₁. a. Determine the hypotheses for the test. Choose the correct answer below. O A. Ho: Bo ≤0 H: Boo O D. Ho: B₁ 20 H₁: B₁ <0 Compute the test statistic. The test statistic is 7.08. (Round to two decimal places as needed.) Determine the critical value(s). The critical value(s) is (are) -2.23,2.23 (Use a comma to separate answers as needed. Round to two decimal places as needed.) Reach a decision. B. Ho: B₁=0 H₁: B₁ #0 O E. Ho: Bo=0 Hi: Bo#0 C OC. Ho: B₂ 20 Hi Boo OF. Ho: B₁ ≤0 H₁: B₁ > 0 Reject Ho. There is sufficient evidence at the 0.05 level of significance to conclude that there is a linear relationship between the summated rating and the cost of a meal at a restaurant. b. The 95% confidence interval is ≤ ³₁ ≤ (Round to four decimal places as needed.)
Expert Solution
Step 1: Determining the given information

The given results are b subscript 1 equals 1.4029 and S subscript b subscript 1 end subscript equals 0.1981.

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