For every one unit increase in horsepower, how much would the predicted price value of a car would be?   PRICE (in thousands)  HORSEPOWER 1 42 210 2 23.99 150 3 33.95 200 4 62 310 5 26.99 170 6 33.4 193 7 38.9 193 8 21.975 175 9 25.3 240 10 31.965 205 11 27.885 205 12 39.895 275 13 44.475 275 14 39.665 275 15 31.01 200 16 46.225 255 17 13.26 115 18 16.535 170 19 18.89 175 20 19.39 180 21 24.34 200 22 45.705 345 23 13.96 120 24 9.235 55 25 18.89 180 26 19.84 163 27 24.495 168 28 22.245 200 29 16.48 132 30 28.34 253   Using SPSS Give the following: Null hypothesis Alternative hypothesis Statistical test Computation Decision Conclusion

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For every one unit increase in horsepower, how much would the predicted price value of a car would be?

 

PRICE (in thousands) 

HORSEPOWER

1

42

210

2

23.99

150

3

33.95

200

4

62

310

5

26.99

170

6

33.4

193

7

38.9

193

8

21.975

175

9

25.3

240

10

31.965

205

11

27.885

205

12

39.895

275

13

44.475

275

14

39.665

275

15

31.01

200

16

46.225

255

17

13.26

115

18

16.535

170

19

18.89

175

20

19.39

180

21

24.34

200

22

45.705

345

23

13.96

120

24

9.235

55

25

18.89

180

26

19.84

163

27

24.495

168

28

22.245

200

29

16.48

132

30

28.34

253

 

Using SPSS Give the following:

  1. Null hypothesis
  2. Alternative hypothesis
  3. Statistical test
  4. Computation
  5. Decision
  6. Conclusion

 

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