We repeat the information. Presuming that the assumptions for regression inferences are met, decide at the specified
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We repeat the information. Presuming that the assumptions for regression inferences are met, decide at the specified significance level whether the data provide sufficient evidence to conclude that the predictor variable is useful for predicting the response variable.
Following are the age and price data for Corvettes from Exercise 14.23. Use α = 0.10.
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