In: Statistics and Probability
A consumer buying cooperative tested the effective heating area of 20 different electric space heaters with different wattages. Here are the results.
| Heater | Wattage | Area | 
| 1 | 1500 | 86 | 
| 2 | 2000 | 129 | 
| 3 | 1250 | 161 | 
| 4 | 2000 | 224 | 
| 5 | 2000 | 82 | 
| 6 | 2000 | 99 | 
| 7 | 750 | 80 | 
| 8 | 1250 | 228 | 
| 9 | 2000 | 282 | 
| 10 | 1000 | 50 | 
| 11 | 2000 | 279 | 
| 12 | 1500 | 179 | 
| 13 | 1500 | 206 | 
| 14 | 750 | 44 | 
| 15 | 1250 | 150 | 
| 16 | 1250 | 293 | 
| 17 | 1500 | 228 | 
| 18 | 1000 | 222 | 
| 19 | 1000 | 106 | 
| 20 | 1750 | 187 | 
1. Compute the correlation between the wattage and heating area. Is there a direct or an indirect relationship. (Round your answer to 4 decimal places.)
The correlation of Wattage and Area is _________. The link (relationship) is_________
2. Conduct a test of hypothesis to determine if it is reasonable that the coefficient is greater than zero. Use the 0.100 significance level. (Rond intermediate calculations and final answer to 3 decimal places.)
H0: ρ ≤ 0; H1: ρ > 0 Reject H0 if t > 1.330
t=___________
________H0, it is quite reasonable to say the population correlation is________
3. Develop the regression equation for effective heating based on wattage. (Negative value should be indicated by a minus sign. Round your answers to 3 decimal places.)
The regression equation is _________=_______+________ _________
4. Which heater looks like the “best buy” based on the size of the residual? (Round residual value to 3 decimal places.)
The ______ heater is the "best buy." It heats an area that is ________ square feet larger than estimated by the regression equation.