Given are five observations for two variables, and y. Excel File: data14-25.xlsx The estimated regression equation is û = 7.6 +0.9x. a. What is the value of the standard error of the estimate (to 4 decimals)? b. Test for a significant relationship by using the t test. Use a = 0.05. What is the value of the t test statistic (to 2 decimals)? X What is the p-value? Use Table 2 of Appendix B. Select your answer - What is your conclusion (α = 0.05)? Cannot conclude a significant relationship exists between x and y c. Use the F test to test for a significant relationship. Use α = Compute the value of the F test statistic (to 2 decimals). = 0.05. What is the p-value? Use Table 4 of Appendix B. - Select your answer - What is your conclusion? - Select your answer - X Yi 2 7 6 9 13 20 18 9 26 23

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Given are five observations for two variables, and y.
Excel File: data14-25.xlsx
The estimated regression equation is û = 7.6 +0.9x.
a. What is the value of the standard error of the estimate (to 4 decimals)?
b. Test for a significant relationship by using the t test. Use a = 0.05.
What is the value of the t test statistic (to 2 decimals)?
X
What is the p-value? Use Table 2 of Appendix B.
Select your answer -
What is your conclusion (α = 0.05)?
Cannot conclude a significant relationship exists between x and y
c. Use the F test to test for a significant relationship. Use α =
Compute the value of the F test statistic (to 2 decimals).
= 0.05.
What is the p-value? Use Table 4 of Appendix B.
- Select your answer -
What is your conclusion?
- Select your answer -
X
Yi
2
7
6 9 13 20
18 9 26 23
Transcribed Image Text:Given are five observations for two variables, and y. Excel File: data14-25.xlsx The estimated regression equation is û = 7.6 +0.9x. a. What is the value of the standard error of the estimate (to 4 decimals)? b. Test for a significant relationship by using the t test. Use a = 0.05. What is the value of the t test statistic (to 2 decimals)? X What is the p-value? Use Table 2 of Appendix B. Select your answer - What is your conclusion (α = 0.05)? Cannot conclude a significant relationship exists between x and y c. Use the F test to test for a significant relationship. Use α = Compute the value of the F test statistic (to 2 decimals). = 0.05. What is the p-value? Use Table 4 of Appendix B. - Select your answer - What is your conclusion? - Select your answer - X Yi 2 7 6 9 13 20 18 9 26 23
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