In: Statistics and Probability
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. The estimated regression equation for these data is ^y=25.164+0.306x.
Brand | Price | Score |
Bose | 180 | 78 |
Scullcandy | 160 | 71 |
Koss | 85 | 69 |
Phillips/O'Neill | 80 | 56 |
Denon | 80 | 40 |
JVC | 35 | 27 |
a. Does the t test indicate a significant relationship between price and the overall score?
The test t-Conclusion at a=.05
(to 2 decimal places.)
-value is - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .1greater than .1Item 2
What is your conclusion? Use a=.05.
- Select your answer -There is a significant relationship between
price and overall scoreThere is no significant relationship between
price and overall scoreItem 3 .
b. Test for a significant relationship using
the F test.
-value is - Select your answer -less than .01between .01 and
.025between .025 and .05between .05 and .1greater than .1Item 4
What is your conclusion? Use a=.05.
Because p-value is - Select your answer - .05 , we - Select your answer- H0: b1 is - Select your answer -greater than or equal to zeroless than or equal to zeroequal to zeroItem 7 .
c. Show the ANOVA table for these data. Round your answers to three decimal places, if necessary.
Source of Variation |
Sum of Squares |
Degrees of Freedom |
Mean Square |
F |
p-value |
Regression | - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .1greater than .1Item 12 | ||||
Error | |||||
Total |
s2 =SSE/(n-2)= | 136.1741 | |
std error σ = | =se =√s2= | 11.6694 |
estimated std error of slope =se(β1) =s/√Sxx= | 0.0947 |
a)
test stat t = | (bo-β1)/se(β1)= | = | 3.24 |
p value is between .025 and .05
There is a significant relationship between price and overall
score
b)
test statistic F =10.47
p value is between .025 and .05
Because p-value is less than 0.05 we reject Ho b1 is zero
c)
Source | SS | df | MS | F | p value |
regression | 1426.137 | 1 | 1426.137 | 10.473 | 0.032 |
Residual error | 544.696 | 4 | 136.174 | ||
Total | 1970.833 | 5 |