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

Question 58

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Below you are given information on a woman's age and her annual expenditure on purchase of books.
Below you are given information on a woman's age and her annual expenditure on purchase of books. 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 \alpha = 0.05. d.At 95% confidence,perform an F test and determine whether or not the model is significant.
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\alpha = 0.05.
d.At 95% confidence,perform an F test and determine whether or not the model is significant.

Correct Answer:

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a.
= 54.834 + 7.536X
b.R2 = 0...

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