Question: Reconsider the Example 8.1 data set and test the significance of the predictor variable (x). Data from Example 8.1 A large manufacturing firm with some
Reconsider the Example 8.1 data set and test the significance of the predictor variable (x).
Data from Example 8.1
A large manufacturing firm with some 8000 employees has designed a training programme that is supposed to increase the production of employees. The personnel manager decides to examine this claim by analysing the data results from the first group of 20 employees that attended the course.
Table 8.1 provides the data set for the % change in production (y) measured against a range of production values (x).

Employee number 1 2 3 4 LO 5 6 7 8 9 10 11 12 13 14 15 16 67 17 18 19 20 Table 8.1 Production, x % change in production, y 4.2 47 71 64 35 43 60 38 59 67 56 67 57 69 38 54 76 53 40 47 23 8.1 6.8 4.3 5.0 7.5 4.7 5.9 6.9 5.7 5.7 5.4 7.5 3.8 5.9 6.3 5.7 4.0 5.2 2.2
Step by Step Solution
3.32 Rating (149 Votes )
There are 3 Steps involved in it
Figures 826 and 827 illustrate the Excel solution to undertake the required hypothesis ... View full answer
Get step-by-step solutions from verified subject matter experts
