Question: In exercise 20 data on x weight pounds and
In exercise 20, data on x = weight (pounds) and y = price ($) for 10 road-racing bikes provided the estimated regression equation y = 28,574 – 1439x. (Bicycling website March 8, 2012). For these data SSE = 7,102,922.54 and SST = 52,120,800. Use the F test to determine whether the weight for a bike and the price are related at the .05 level of significance.
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