Question

In: Statistics and Probability

The following data on price ($) and the overall score for 6 stereo headphones that were...

The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price Score Bose 180 78 Scullcandy 160 76 Koss 85 65 Phillips/O'Neill 70 56 Denon 80 40 JVC 45 27 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at α = .05 t = (to 2 decimal places.) p-value is What is your conclusion? Use α = .05. . b. Test for a significant relationship using the F test. p-value is What is your conclusion? Use α = .05. Because p-value is .05, we H0: β1 is . 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 Error Total

Solutions

Expert Solution

Price Score
180 78
160 76
85 65
70 56
80 40
45 27

using Excel

data -> data analysis -> regression

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.8650
R Square 0.7482
Adjusted R Square 0.6852
Standard Error 11.3775
Observations 6
ANOVA
df SS MS F Significance F
Regression 1 1538.2094 1538.2094 11.8829 0.0261
Residual 4 517.7906 129.4476
Total 5 2056.0000
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 23.3245 10.8171 2.1563 0.0973 -6.7085
Price 0.3259 0.0945 3.4472 0.0261 0.0634

a)

t = 3.45

p-value = 0.0261

p-value < 0.05

hence we reject the null hypothesis

we conclude that there is significant relationship

b)

F = 11.8829

p-value = 0.0261

p-value < 0.05

hence we reject the null hypothesis

we conclude that there is significant relationship

c)

ANOVA
df SS MS F Significance F
Regression 1 1538.209 1538.209 11.883 0.026
Residual 4 517.791 129.448
Total 5 2056.000

Related Solutions

The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price ($) Score Bose 186 78 Scullcandy 156 72 Koss 96 60 Phillips/O'Neill 84 60 Denon 84 42 JVC 42 30 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at = .05 t =   (to 2 decimal places.) Source of Variation Sum of Squares Degrees of Freedom...
The following data on price () and the overall score for 6 stereo headphones that were...
The following data on price () and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. The estimated regression equation for these data is 21.583 +.337x . Brand   Price   Score Bose   180   76 Scullcandy   150   75 Koss   95   61 Phillips/O'Neill   70   57 Denon   70   40 JVC   45   26 a. Does the test indicate a significant relationship between price and the overall score? The test -Conclusion at (to 2 decimal places.) -value is What...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. The estimated regression equation for these data is ^y=25.164+0.306x. Brand Price Score Bose 180 78 Scullcandy 160 71 Koss 85 69 Phillips/O'Neill 80 56 Denon 80 40 JVC 35 27 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at a=.05   (to 2 decimal places.) -value is -...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. The estimated regression equation for these data is y^= 26.587 + .311x . Brand Price Score Bose 180 76 Scullcandy 150 73 Koss 95 67 Phillips/O'Neill 80 57 Denon 70 50 JVC 35 26 a. Does the t- test indicate a significant relationship between price and the overall score? The test -Conclusion at &=.05 t= (to 2...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price ($) Score Bose 186 78 Scullcandy 162 78 Koss 90 60 Phillips/O'Neill 78 54 Denon 72 42 JVC 36 30 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at = .05 t = (to 2 decimal places.) p-value is - Select your answer -less than...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price Score Bose 180 78 Scullcandy 150 75 Koss 95 68 Phillips/O'Neill 70 56 Denon 80 40 JVC 35 26 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at α = .05 t = (to 2 decimal places.) p-value is - What is your conclusion? Use...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price Score Bose 190 78 Scullcandy 160 76 Koss 95 61 Phillips/O'Neill 70 57 Denon 80 40 JVC 45 27 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at α = .05 t = (to 2 decimal places.) p-value is What is your conclusion? Use α...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price Score Bose 180 76 Scullcandy 150 77 Koss 85 68 Phillips/O'Neill 80 58 Denon 70 40 JVC 35 27 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at α = .05 t = (to 2 decimal places.) p-value is What is your conclusion? Use α...
The following data on price ($) and the overall score for 6 stereo headphones that were...
The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price Score Bose 180 78 Scullcandy 160 77 Koss 85 63 Phillips/O'Neill 70 57 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 α = .05 t =  (to 2 decimal places.) p-value is - Select your answer -less than .02between...
1. The following data on price ($) and the overall score for 6 stereo headphones that...
1. The following data on price ($) and the overall score for 6 stereo headphones that were tested by Consumer Reports were as follows. Brand Price ($) Score Bose 180 72 Scullcandy 162 72 Koss 90 66 Phillips/O'Neill 72 60 Denon 72 42 JVC 36 30 a. Does the t test indicate a significant relationship between price and the overall score? The test t-Conclusion at = .05 t =   (to 2 decimal places.) p-value is - Select your answer -less than...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT