Solved

The Following Data Represent the Number of Flash Drives Sold

Question 108

Essay

The following data represent the number of flash drives sold per day at a local computer shop and their prices.  Price (x) Units Sold (y)$3.433.643.263.553.093.824.01\begin{array}{l}\text { Price } ( x ) \quad \text { Units Sold } ( y )\\\begin{array} { l l } \$ 3.4 & 3 \\3.6 & 4 \\3.2 & 6 \\3.5 & 5 \\3.0 & 9 \\3.8 & 2 \\4.0 & 1\end{array}\end{array}
​a.Perform an F test and determine if the price and the number of flash drives sold are related. Let α = .01.
b.Perform a t test and determine if the price and the number of flash drives sold are related. Let α = .01.

Correct Answer:

verifed

Verified

a.F = 29.62; p-value < .01; (E...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions