INTRO. STATISTICAL QUALITY CONTROL
INTRO. STATISTICAL QUALITY CONTROL
13th Edition
ISBN: 9781118909447
Author: Montgomery
Publisher: WILEY
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Chapter 1, Problem 5DQE

Can an understanding of the multidimensional nature of quality lead to improved product design or better service?

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You have been hired as an intern to run analyses on the data and report the results back to Sarah; the five questions that Sarah needs you to address are given below. please do it step by step on excel   Does there appear to be a positive or negative relationship between price and screen size? Use a scatter plot to examine the relationship. Determine and interpret the correlation coefficient between the two variables. In your interpretation, discuss the direction of the relationship (positive, negative, or zero relationship). Also discuss the strength of the relationship. Estimate the relationship between screen size and price using a simple linear regression model and interpret the estimated coefficients. (In your interpretation, tell the dollar amount by which price will change for each unit of increase in screen size). Include the manufacturer dummy variable (Samsung=1, 0 otherwise) and estimate the relationship between screen size, price and manufacturer dummy as a multiple…
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