The estimated regression equation for this data is 24.327759+0.316722x, where x-price ($) and yoverall score. Does the test indicate a significant relationship between price and the overall score? Use 0.05. State the null and alternative hypotheses. OM O "₂8-0 ⒸM₂-0 M₂0 OMA M₂₂0 ⒸM₂: A₂ 20 OM₂₁0 Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) What is your conclusion? Reject H. We conclude that the relationship between price ($) and overall score is significant. Do not reject H. We conclude that the relationship between price ($) and overall score is significant. Do not reject H₂, We cannot conclude that the relationship between price (5) and overall score is significant. Reject H. We cannot conclude that the relationship between price ($) and overall score is significant. Test for a significant relationship using the test. Use -0.05. State the null and alternative hypotheses. OM₂: ₂0 M₂A, OMA M₂₂-0 OMA H₂₂ O ⒸM₂: A=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.) What is your conclusion? Do not reject H₂, We cannot conclude that the relationship between price (5) and overall score is significant Reject H We cannot conclude that the relationship between price ($) and overall score is significant Reject H We conclude that the relationship between price ($) and overall score is significant. Do not reject M₂. We conclude that the relationship between price ($) and overall score is significant. 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 Variation of Squares of Freedom Mean Square Regression Error p-value

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.CR: Chapter 4 Review
Problem 87CR
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### Analysis of Price and Overall Score Data for Stereo Headphones

Consider the following data on price (\(x\)) 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 (\(x\)) | Score (\(y\)) |
|-------|-------------|-----------|
| A     | 150         | 93        |
| B     | 160         | 76        |
| C     | 170         | 73        |
| D     | 190         | 80        |
| E     | 70          | 91        |
| F     | 35          | 46        |

#### Estimating a Regression Equation

The estimated regression equation for this data is:
\[ \hat{y} = 34.27979 + 0.397292x \]

where \( \hat{y} \) = predicted \(y\) (the overall score), and \(x\) = price. 

**Question: Does the test indicate a significant relationship between price and overall score? Use \(\alpha = 0.05\).**

##### Hypothesis Testing for Slope (\( \beta_1 \))

State the null and alternative hypotheses:
\[ H_0: \beta_1 = 0 \]
\[ H_a: \beta_1 \neq 0 \]

1. **Find the value of the test statistic.** (Round your answer to three decimal places.)

   Test statistic (\( t_{\text{stat}} \)) = ________

2. **Find the \( p \)-value.** (Round your answer to four decimal places.)

   \( p \)-value = ________

3. **Conclusion:**

   - **Reject \(H_0\)**: We conclude that the relationship between price (\(x\)) and overall score is significant.
   - **Do not reject \(H_0\)**: We cannot conclude that the relationship between price (\(x\)) and overall score is significant.

##### Test for a Significant Relationship using the \(F\) Test (\(\alpha = 0.05\))

State the null and alternative hypotheses:
\[ H_0: \beta_1 = 0 \]
\[ H_a: \beta_1 \neq 0 \]
Transcribed Image Text:### Analysis of Price and Overall Score Data for Stereo Headphones Consider the following data on price (\(x\)) 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 (\(x\)) | Score (\(y\)) | |-------|-------------|-----------| | A | 150 | 93 | | B | 160 | 76 | | C | 170 | 73 | | D | 190 | 80 | | E | 70 | 91 | | F | 35 | 46 | #### Estimating a Regression Equation The estimated regression equation for this data is: \[ \hat{y} = 34.27979 + 0.397292x \] where \( \hat{y} \) = predicted \(y\) (the overall score), and \(x\) = price. **Question: Does the test indicate a significant relationship between price and overall score? Use \(\alpha = 0.05\).** ##### Hypothesis Testing for Slope (\( \beta_1 \)) State the null and alternative hypotheses: \[ H_0: \beta_1 = 0 \] \[ H_a: \beta_1 \neq 0 \] 1. **Find the value of the test statistic.** (Round your answer to three decimal places.) Test statistic (\( t_{\text{stat}} \)) = ________ 2. **Find the \( p \)-value.** (Round your answer to four decimal places.) \( p \)-value = ________ 3. **Conclusion:** - **Reject \(H_0\)**: We conclude that the relationship between price (\(x\)) and overall score is significant. - **Do not reject \(H_0\)**: We cannot conclude that the relationship between price (\(x\)) and overall score is significant. ##### Test for a Significant Relationship using the \(F\) Test (\(\alpha = 0.05\)) State the null and alternative hypotheses: \[ H_0: \beta_1 = 0 \] \[ H_a: \beta_1 \neq 0 \]
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