The following data gave X = the water content of snow on April 1 and Y =

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The following data gave X = the water content of snow on April 1 and Y = the yield from April to July (in inches) on the Snake River watershed in Wyoming for 1919 to 1935. (The data were taken from an article in Research Notes, Vol. 61, 1950, Pacific Northwest Forest Range Experiment Station, Oregon)

(a) Estimate the correlation between Y and X.
(b) Test the hypothesis that p = 0, using a = 0.05.
(c) Fit a simple linear regression model and test for significance of regression using a = 0.05. What conclusions can you draw? How is the test for significance of regression related to the test on p in part (b)?
(d) Test the hypothesis H0: B0 = 0 versus H1: B0 = 0 and draw conclusions. Use a = 0.05.
(e) Analyze the residuals and comment on model adequacy.

37.9 22.8 23.1 10.5 32.8 30.5 16.7 14.1 31.8 18.2 25.1 12.9 32.0 17.0 12.4 8.8 30.4 16.3 35.1 17.4 31.5 24.0 10.5 14.9 3
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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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