Statistical Techniques in Business and Economics, 16th Edition
Statistical Techniques in Business and Economics, 16th Edition
16th Edition
ISBN: 9780078020520
Author: Douglas A. Lind, William G Marchal, Samuel A. Wathen
Publisher: McGraw-Hill Education
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Chapter 13, Problem 45CE

The manufacturer of Cardio Glide exercise equipment wants to study the relationship between the number of months since the glide was purchased and the time, in hours, the equipment was used last week.

Chapter 13, Problem 45CE, The manufacturer of Cardio Glide exercise equipment wants to study the relationship between the

  1. a. Plot the information on a scatter diagram. Let hours of exercise be the dependent variable. Comment on the graph.
  2. b. Determine the correlation coefficient. Interpret.
  3. c. At the .01 significance level, can we conclude that there is a negative association between the variables?
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Statistical Techniques in Business and Economics, 16th Edition

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