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Below You Are Given Information on a Woman's Age and Her

Question 91

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Below you are given information on a woman's age and her annual expenditure on purchase of books.
 Age  Annual Expenditure $) 18210221802122028280\begin{array}{ll}\text { Age }&\text { Annual Expenditure \$) }\\18 & 210 \\22 & 180 \\21 & 220 \\28 & 280\end{array}
a. Develop the least squares regression equation.
b. Compute the coefficient of determination.
c. Use a t test to determine whether the slope is significantly different from zero. Let α = 0.05.
d. At 95% confidence, perform an F test and determine whether or not the model is significant.

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a. blured image = 54.834 + 7.536X
b. R² = 0.568
c. ...

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