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Author Question: Below you are given information on a woman's age and her annual expenditure on purchase of ... (Read 91 times)

unreallynx

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on: Mar 25, 2023

Below you are given information on a woman's age and her annual expenditure on purchase of books.

Age

Annual Expenditure ($)

18

210

22

180

21

220

28

280


a.Develop the least squares regression equation.
b.Compute the coefficient of determination.
c.Use a t test to determine whether the slope is significantly different from zero. Let α = 0.05.
d.At 95% confidence, perform an F test and determine whether or not the model is significant.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by unreallynx on Mar 25, 2023

mgranuc

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Reply #1 on: Mar 25, 2023
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unreallynx

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
:D TYSM

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