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Estimate the simple linear regression relationship

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Question: Carry out an F test for a linear relationship in problem. Compare your results with those of the t test.

Problem: Recently, research efforts have focused on the problem of predicting a manufacturer's market share by using information on the quality of its product. Suppose that the following data are available on market share, in percentage (Y), and product quality, on a scale of 0 to 100, determined by an objective evaluation procedure (X):

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Estimate the simple linear regression relationship between market share and product quality rating.

Reference no: EM131699066

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