Question: In exercise 20, data on x = weight (pounds) and y = price ($) for ten road-racing bikes provided the estimated regression equationy= 28574 -1439

In exercise 20, data onx= weight (pounds) andy= price ($) for ten road-racing bikes provided the estimated regression equationy= 28574 -1439x(Bicyclingwebsite, March 8, 2012). For these data SSE = 7,102,922.54 and SST = 52,120,800. Use theFtest to determine whether the weight for a bike and the price are related at the .05 level of significance. Click on the webfile logo to reference the data.

a.) Calculate the value of the test statistic (to 1 decimal).

b.) Thep-value is (select one)

-less than .01

-between .01 and .025

-between .025 and .05

-between .05 and .10

-greater than .10

c.)what is your conclusion?

-conclude that weight and price are related

-do not conclude that weight and price are related

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