You are looking to use simple linear regression to link fuel consumption to revolutions per minute (RPM)

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You are looking to use simple linear regression to link fuel consumption to revolutions per minute (RPM) for a new commercial jet aircraft engine that your company has produced. The following five observations are available from an early simulation:

The estimated regression equation turns out to be ŷ = 60 + 38x. Have you found a statistically significant linear relationship between RPM and fuel consumption at the 5% significance level? Explain.

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Related Book For  book-img-for-question

Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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