This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The maintenance costs incurred over the past year for a particular make, model, and year of ... (Read 121 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Apr 7, 2020
The maintenance costs incurred over the past year for a particular make, model, and year of automobile are given below, along with each car's end-of-year mileage. Use technology to compute a p-value and use it to determine whether the regression equation is useful for making predictions about maintenance costs for this automobile model. Test at the 1% significance level with the hypotheses H0: β1 = 0 and Make sure to eliminate any outliers and/or influential points from the data.


◦ p = 0.00014. Since p < α, reject the null hypothesis. The regression equation is useful for making maintenance cost predictions.
◦ p = 0.00014. Since p < α, do not reject the null hypothesis. The regression equation is not useful for making maintenance cost predictions.
◦ p = 0.02317. Since p > α, do not reject the null hypothesis. The regression equation is not useful for making maintenance cost predictions.
◦ p = 0.02317. Since p > α, reject the null hypothesis. The regression equation is useful for making maintenance cost predictions.
Introductory Statistics ¦ Weiss ¦ 10th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jeatrice on Apr 7, 2020

bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Apr 7, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Apr 7, 2020
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

A single-gene model explains Mendel’s ratios A single-gene model explains Mendel’s ratios
Male reproductive anatomy model Male reproductive anatomy model
A Model of a Pulsating X-Ray Source A Model of a Pulsating X-Ray Source
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Language is the basis of human culture around the world. The past decade has seen major developments ... Language is the basis of human culture around the world. The past decade has seen major developments ...
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ... Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ...
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library