(a) Use Excel?s Data page 470 Analysis > Regression (or MegaStat or Minitab) to obtain regression estimates....

Question:

(a) Use Excel?s Data page 470 Analysis > Regression (or MegaStat or Minitab) to obtain regression estimates.

(b) Interpret the 95 percent confidence interval for the slope. Does it contain zero?

(d) Interpret the F statistic.

(e) Verify that the p-value for F is the same as for the slope?s t statistic, and show that t² = F.

(f) Describe the fit of the regression.

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Related Book For answer-question

Essential Statistics In Business And Economics

ISBN: 9781260239508

3rd Edition

Authors: David Doane, Lori Seward

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Question Posted: Oct 11, 2019 08:26 AM

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(a) Use Excel?s Data page 470 Analysis > Regression (or MegaStat or Minitab) to obtain regression estimates....

Question:

Age (X) Spent (Y) Spent (Y) Age (X) 6.85 33 30 10.75 10.50 50 36 7.60 34 5.50 26 10.10 12 12.35 10.35 18 8.35 37 10.20 46

Step by Step Answer:

a MegaStat regression output Regression Analysis r 0085 n 10 r 0292 k 1 Std Error 212...View the full answer

Essential Statistics In Business And Economics

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