Computer ouput for a regression analysis

Assignment Help Basic Statistics
Reference no: EM13109289

Shown below is computer ouput for a regression analysis relating Y (demand in units) and X (unit price).












ANOVA


Df

SS







Regression

1

5048.818







Residual

 

46

3132.661







Total


47

8181.479



















Coefficients

St. Error

t-stat






Intercept


80.39

3.102







X


-2.137

0.248

_______   ???














































a. Perform a t test and determine whether or not demand and unit price are related. Let alpha=0.05

b. Perform an F test and determine whether or not demand and unit price are related. Let alpha = 0.05 Shown below is computer ouput for a regression analysis relating Y (demand in units) and X (unit price).

Reference no: EM13109289

Questions Cloud

How to conclude that treatment has significant effect : Calculate Cohen's d measure effect size for both tests (σ = 20 and σ = 10). Explain how sample size affect outcome of hypothesis test. How does sample size affect measures of effect size?
What are the atomic orbitals used in the double part : What are the atomic orbitals used in the double part of the double bond If the C-C axis of the given molecule is the y axis, and the x axis is up and down in the plane of the paper,?
Government regulations distress the restaurant industry : How does government regulations distress the restaurant industry? In what means does the regulation influence the industry?
Express your experience with credit and credit cards : Express your experience with credit and credit cards in a brief paragraph using at least five adverbs and five adjectives in your description. Bold the adverbs and underline the adjectives
Computer ouput for a regression analysis : Shown below is computer ouput for a regression analysis relating Y (demand in units) and X (unit price).
How many cans of mountain lightning : how many cans of Mountain Lightning would an individual have to drink to die from a tartrazine overdose If the LD50 of tartrazine in humans is supposed to be 12,750 mg/kg (as it is for mice) and the average human weighs 70 kilograms,?
Xplain how many of each did electric depot sell : Electric Depot sells boxes of high efficiency light bulbs ($8 box) and switch plates ($10 each). In June, total sales were $42000. Customers bought 5 times as many boxes of light bulbs as switch plates. Explain how many of each did Electric Depot ..
Explain lily wrongly terminates her employee mai : Lily wrongly terminates her employee Mai. Nate provides a similar job to Mai who wastes to accept and files a suit against Lily. The damages that Mai obtains will most likely be equal to Mai's salary less the income Mai would have received from Na..
Determine the optimal number of orders per year : The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves is the Western, which has an annual demand of 2,500 units.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Proportion of debit cardholders

Is the sample size large enough to construct a valid confidence interval for the proportion of debit cardholders who have used their card in making purchases over the Internet?

  Fitting of multiple-linear regression model

Run a multiple regression and interpret all the findings, R 2 , F, IV coefficients, and the intercept. Then in paragraph format, identify and report the following:

  Arithmetic mean-median-mode

A random sample of 15 customers is selected, and the results are as follows: 8.02 4.08 5.79 8.73 5.47 5.64 8.01 10.49 8.35 5.9 9.66 9.91 3.82 6.68 6.17 a) calculate arithmetic mean, median, mode, first quartile and third quartile.

  Random sample of apartments problem

The mean area of several thousand apartments in a new development is advertised to be 1250 sq. ft. An engineer measured a random sample of apartments: 1244 1245 1242 1245 1237 1245 1246 1232

  Matched pairs and independent data sets

When is it important to have matched pairs rather than two independent sets of data?

  Identifying the error in the given statement

A researcher has a series of Likert-scale items and a measure of frequency of absenteeism. He uses each of the Likert-scaled items in a separate bivariate correlation with absenteeism without testing for the assumptions of linear relationships. Is th..

  Real-world poisson distribution situation

Share 1 real-world binomial distribution situation and 1 real-world Poisson distribution situation. Be sure to explain why each example is defined as binomial or Poisson.

  Test the claim for actual percentage

Test the claim that the actual percentage is 53%. Use a 0.10 significance level.

  Conclusion of the new mean

Note that Σ x  = 2233 and Σ x 2   = 138,053. At the 5% level of significance, can the instructor conclude that the new mean is different from 64?

  Determine significance of correlation-t test

You are testing the null hypothesis that there is no linear relationship between two variables, X and Y. From your sample of n=10, you determine that r=0.80.

  Binomial distribution in the data analysis

Use the binomial distribution in the Data Analysis add - in to simulate the distribution of men and women among the next ten arrivals at an emergency room, assuming that, on average, six people out of ten who arrive are men.

  Prices normally distributed with standard deviation

The average price of a personal computer is 949 assuming that the prices are normally distributed with a standard deviation of 100 what is the price that corresponds to the least expensive 10%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd