Question
In: Statistics and Probability
Assume you have noted the following prices for books and the number of pages that each...
Assume you have noted the following prices for books and the number of pages that each book contains.
|
Book |
Pages (x) |
Price (y) |
|
A |
500 |
$7.00 |
|
B |
700 |
7.50 |
|
C |
750 |
9.00 |
|
D |
590 |
6.50 |
|
E |
540 |
7.50 |
|
F |
650 |
7.00 |
|
G |
480 |
4.50 |
Required:
|
a. |
Perform an F test and determine if the price and the number of pages of the books are related. Let a = 0.01. |
|
b. |
Perform a t test and determine if the price and the number of pages of the books are related. Let a = 0.01. |
|
c. |
Develop a 90% confidence interval for estimating the average price of books that contain 800 pages. |
|
d. |
Develop a 90% confidence interval to estimate the price of a specific book that has 800 pages. |
.
Note: i need it by hand wrtting and by manual formula not by excel or other software
do it please as a manual
Solutions
Expert Solution
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orchestra answered 1 year agoRelated Solutions
Assume you have noted the following prices for books and the number of pages that each...
Assume you have noted the following prices for books and the
number of pages that each book contains. Book Pages (x) Price (y) A
500 $7.00 B 700 7.50 C 750 9.00 D 590 6.50 E 540 7.50 F 650 7.00 G
480 4.50 a. Perform an F test and determine if the price and the
number of pages of the books are related. Let ? = 0.01. b. Perform
a t test and determine if the price and the...
Assume you have noted the following prices for books and the number of pages that each...
Assume you have noted the following prices for books and the
number of pages that each book contains.
Book
Pages (x)
Price (y)
A
500
$7.00
B
700
7.50
C
750
9.00
D
590
6.50
E
540
7.50
F
650
7.00
G
480
4.50
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Assume you have noted the following prices for books and the number of pages that each...
Assume you have
noted the following prices for books and the number of pages that
each book contains.
Book
Pages
(x)
Price
(y)
A
500
$7.00
B
700
7.50
C
750
9.00
D
590
6.50
E
540
7.50
F
650
7.00
G
480
4.50
Required:
a.
Perform an F test and determine if the
price and the number of pages of the books are related.
Let a = 0.01.
b.
Perform a t test and determine if the
price and...
Assume you have noted the following prices for books and the number of pages that each...
Assume you have
noted the following prices for books and the number of pages that
each book contains.
Book
Pages
(x)
Price
(y)
A
500
$7.00
B
700
7.50
C
750
9.00
D
590
6.50
E
540
7.50
F
650
7.00
G
480
4.50
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Perform an F test and determine if the
price and the number of pages of the books are related.
Let a = 0.01.
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