In Problem 13.5 on page 531, you used the summated rating of a restaurant to predict the

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In Problem 13.5 on page 531, you used the summated rating of a restaurant to predict the cost of a meal. The data are stored in Restaurent. Using the results of that problem, b1 = 1.2409 and Sb1 = 0.1421.
a. At the 0.05 level of significance, is there evidence of a linear relationship between the summated rating of a restaurant and the cost of a meal?
b. Construct a 95% confidence interval estimate of the population slope, β1.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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