Refer to Exercise 9 where we are trying to link customer waiting time (x) to customer satisfaction
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Refer to Exercise 9 where we are trying to link customer waiting time (x) to customer satisfaction (y). The estimated regression equation turned out to be ŷ =126 – 1.8x. Is the sample slope (b = 1.8) significantly different from 0 at the 5% significance level? Explain the implications of your answer.
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The estimated regression equation is 126 18 x x y y 2 x 2 20 72 90 324 225 50 2...View the full answer
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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