Order Size and Shipping Cost (n = 12) Orders (X) Ship Cost (Y) 1,068 4,489 1,026 5,611 767 3,290 885 4,113 1,156 4,883 1,146 5,425 892 4,414 938 5,506 769 3,346 677 3,673 1,174 6,542 1,009 5,088 (a) State the 95% confidence interval for the slope. (Round your answers to 4 decimal places.) (b) Find the t statistic for the slope and its p-value. (Round your t statistic value to 3 decimal places and p-value to 4 decimal places.)
Order Size and Shipping Cost (n = 12) Orders (X) Ship Cost (Y) 1,068 4,489 1,026 5,611 767 3,290 885 4,113 1,156 4,883 1,146 5,425 892 4,414 938 5,506 769 3,346 677 3,673 1,174 6,542 1,009 5,088 (a) State the 95% confidence interval for the slope. (Round your answers to 4 decimal places.) (b) Find the t statistic for the slope and its p-value. (Round your t statistic value to 3 decimal places and p-value to 4 decimal places.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Answer the following questions using the data given below.
Order Size and Shipping Cost (n = 12) | |
Orders (X) | Ship Cost (Y) |
---|---|
1,068 | 4,489 |
1,026 | 5,611 |
767 | 3,290 |
885 | 4,113 |
1,156 | 4,883 |
1,146 | 5,425 |
892 | 4,414 |
938 | 5,506 |
769 | 3,346 |
677 | 3,673 |
1,174 | 6,542 |
1,009 | 5,088 |
(a) State the 95% confidence interval for the slope. (Round your answers to 4 decimal places.)
(b) Find the t statistic for the slope and its p-value. (Round your t statistic value to 3 decimal places and p-value to 4 decimal places.)
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