Question: All the efficiency money can buy 2011 A sample of 84 model-2011 cars from an online information service was examined to see how fuel efficiency

All the efficiency money can buy 2011 A sample of 84 model-2011 cars from an online information service was examined to see how fuel efficiency (as highway mpg) relates to the cost (Manufacturer's Suggested Retail Price in dollars) of cars. Here are displays and computer output:
All the efficiency money can buy 2011 A sample of
All the efficiency money can buy 2011 A sample of
All the efficiency money can buy 2011 A sample of

a) State what you want to know, identify the variables, and give the appropriate hypotheses.
b) Check the assumptions and conditions.
c) If the conditions are met, complete the analysis.

45 8e 40 35 30 10,000 20,000 30,000 40,000 Manufacturer's Suggested Retail Price Dependent variable is MPG R-squared 0.0216% s 3.54 VariableCoefficient SE(Coeff tRatio P-Value Intercept 36.514 Slope -8.08E-6 6439E-5 -0.1256 0.900 1496 24.406

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