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.