Consumer Reports listed the price (in dollars) and power (in cold cranking amps) of auto batteries. We

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Consumer Reports listed the price (in dollars) and power (in cold cranking amps) of auto batteries. We want to know if more expensive batteries are generally better in terms of starting power. Here are the regression and residual output, where the response variable is Power.

Consumer Reports listed the price (in dollars) and power (in

a) How many batteries were tested?
b) Are the conditions for inference satisfied? Explain.
c) Is there evidence of a linear association between the price and cranking power of auto batteries? Test an appropriate hypothesis and state your conclusion.
d) Is the association strong? Explain.
e) What is the equation of the regression line?
f) Create a 90% confidence interval for the slope of the true line.

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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