W unt The next few questions in this quiz are based on the following case. ACBD...

    

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W unt The next few questions in this quiz are based on the following case. ACBD oll-based pain relief candy bar manufacturer is interested in estimating how sales in number of cases) are influenced by the price of their product. To do this, the company randomly chooses 12 small cities and offers the candy bar at different prices. In a simple linear regression study relating Sales to Price, what are NOT the fundamental hypotheses to test? (Hint: We do NOT worry much about the intercept in a regression study) City Ames Woodland Redding River Falls Rolla Hudson Ellsworth Prescott College Park. Bowling Green Rock Elm Stillwater Price ($) 0.89 0.99 1.09 OH-OHID 1.19 1.39 1.49 1.69 1.89 1.99 2.09 2.29 2.39 DHO alopes ar 2 vs H not a sites are ⒸHO OHLAD HDs eru vs Ht the slopes t Sales (cases) 120 110 120 100 80 85 72 52 65 36 38 25 Which of the following is an appropriate conclusion for this case? (Hint: if you can reject HO in a two-sample hypothesis test, then it is very straightforward to find out which sample has a higher/lower mean.) O There is statistical evidence to show that female and male graduates have significantly different average starting salaries. Further, we can conclude that male graduates have a significantly higher average starting salary. There is statistical evidence to show that female and male graduates have the same average starting salary. There is no statistical evidence to show that female and male graduates have different average starting salaries. There is statistical evidence to show that female and male graduates have significantly different average starting salaries. Further, we can conclude that female graduates have a significantly higher average starting salary. W unt The next few questions in this quiz are based on the following case. ACBD oll-based pain relief candy bar manufacturer is interested in estimating how sales in number of cases) are influenced by the price of their product. To do this, the company randomly chooses 12 small cities and offers the candy bar at different prices. In a simple linear regression study relating Sales to Price, what are NOT the fundamental hypotheses to test? (Hint: We do NOT worry much about the intercept in a regression study) City Ames Woodland Redding River Falls Rolla Hudson Ellsworth Prescott College Park. Bowling Green Rock Elm Stillwater Price ($) 0.89 0.99 1.09 OH-OHID 1.19 1.39 1.49 1.69 1.89 1.99 2.09 2.29 2.39 DHO alopes ar 2 vs H not a sites are ⒸHO OHLAD HDs eru vs Ht the slopes t Sales (cases) 120 110 120 100 80 85 72 52 65 36 38 25 Which of the following is an appropriate conclusion for this case? (Hint: if you can reject HO in a two-sample hypothesis test, then it is very straightforward to find out which sample has a higher/lower mean.) O There is statistical evidence to show that female and male graduates have significantly different average starting salaries. Further, we can conclude that male graduates have a significantly higher average starting salary. There is statistical evidence to show that female and male graduates have the same average starting salary. There is no statistical evidence to show that female and male graduates have different average starting salaries. There is statistical evidence to show that female and male graduates have significantly different average starting salaries. Further, we can conclude that female graduates have a significantly higher average starting salary.