A portion of the regression output for an application relating maintenance expense (dollars per month) to usage
Question:
A portion of the regression output for an application relating maintenance expense (dollars per month) to usage (hours per week) for a particular brand of computer terminal follows.
a. Write the estimated regression equation.
b. Use a t test to determine whether monthly maintenance expense is related to usage at the .05 level of significance.
c. Did the estimated regression equation provide a good fit? Explain.
Transcribed Image Text:
ANO Als F Significance F Regression Residual Total 1575.76 349.14 1924.90 Coeffictents Standard Error t Stat P-value Intercept Usage 6,1092 0.8951 0.9361 0.149
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Related Book For
Essentials Of Modern Business Statistics With Microsoft Excel
ISBN: 9781285867045
6th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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