In a simple linear regression analysis attempting to link independent variable x (MBs of RAM memory) to dependent variable y ($ price of a notebook computer), the following ANOVA table was produced.

a. Use the appropriate F test to determine whether the sample represented here can be used to reject a β = 0 null hypothesis at the 5% significance level. What does your conclusion tell you about the relationship between x and y?

b. Use the appropriate t test to determine whether the sample represented here can be used to reject a β = 0 null hypothesis at the 5% significance level. What does your conclusion tell you about the relationship between x and y?

Understanding Business Statistics

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

ISBN: 978-1118145258

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