The statistical software output for this problem is:
Hence,
b) Correlation coefficient = 0.201
Price of eggs and milk: The following table presents the average price in dollars for a...
Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs and a gallon of milk for each month from March through December 2008. Dozen Eggs Gallon of Milk 2.20 3.24 1.62 3.23 1.82 3.07 1.21 3.77 1.50 3.12 1.85 2.98 1.44 3.14 1.28 3.05 1.75 3.06 1.04 3.22 Send data to Excel Part: 0 / 30 of 3 Parts Complete Part 1 of 3 Compute the least-squares regression line for predicting the...
7) Compute the least-squares regression equation for the given data set. Use a TI- 84 calculator. Round the slope and y -intercept to at least four decimal places. x 44 38 16 20 25 38 19 y 73 68 24 30 43 66 33 Send data to Excel Regression line equation: = y 8) Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs and a gallon of milk for each month...
1. Two manufacturing processes are being compared to try to reduce the number of defective products made. During 8 shifts for each process, the following results were observed: Line A Line B n 181 | 187 Based on a 5% significance level, did line B have a larger average than line A? *Use the tables I gave you in the handouts for the critical values *Use the appropriate test statistic value, NOT the p-value method *Use and show the 5...
Suppose 1000 coins are tossed. Use the normal curve approximation to the binomial distribution to find the probability of getting the following result. Exactly 495 heads Use the table of areas under the standard normal curve given below. Click here to view page 1. Click here to view page 2. Click here to view page 3. Click here to view page 4. Click here to view page 5. Click here to view page 6. The probability of getting exactly 495...
Suppose 16 coins are tossed. Use the normal curve approximation to the binomial distribution to find the probability of getting the following result. More than 11 tails. Use the table of areas under the standard normal curve given below. Click here to view page 1. Click here to view page 2. Click here to view page 3. Click here to view page 4. Click here to view page 5. Click here to view page 6. Binomial probability = (Round to...
I ONLY NEED HELP WITH PART OF PART "B" I've figured out the test statistic is -1.73 and the degrees of freedom are 5. However, I'm having a hard time finding the P value via the chart (which I'm required to learn how to do).I think the chart immediately bellow this is the one used to find the p-value. However, I know at least one (or more) of the charts bellow is what's used. Please let me know which chart...
I ONLY NEED HELP WITH PART OF PART "B" I've figured out the test statistic is -1.73 and the degrees of freedom are 5. However, I'm having a hard time finding the P value via the chart (which I'm required to learn how to do).I think the chart immediately bellow this is the one used to find the p-value. However, I know at least one (or more) of the charts bellow is what's used. Please let me know which chart...