In: Statistics and Probability
You may need to use the appropriate technology to answer this question.
Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest).
Brand | Price ($) | Score |
---|---|---|
A | 180 | 74 |
B | 150 | 73 |
C | 95 | 63 |
D | 70 | 58 |
E | 70 | 40 |
F | 35 | 28 |
(a)
The estimated regression equation for this data is
ŷ = 25.933 + 0.301x,
where x = price ($) and y = overall score. Does the t test indicate a significant relationship between price and the overall score? Use α = 0.05.
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value =
(b)
Test for a significant relationship using the F test. Use α = 0.05.
Find the value of the test statistic. (Round your answer to two decimal places.)
Find the p-value. (Round your answer to three decimal places.)
p-value =
(c)
Show the ANOVA table for these data. (Round your p-value to three decimal places and all other values to two decimal places.)
Source of Variation |
Sum of Squares |
Degrees of Freedom |
Mean Square |
F | p-value |
---|---|---|---|---|---|
Regression | |||||
Error | |||||
Total |
The statistical software output for this problem is :
(a)
Test statistics = 3.905
P-value = 0.0175
(b)
Test statistics = 15.25
P-value = 0.018
(c)
Analysis of variance table for regression model:
Source | DF | SS | MS | F-stat | P-value |
---|---|---|---|---|---|
Model | 1 | 1351.51 | 1351.51 | 15.25 | 0.018 |
Error | 4 | 354.49 | 88.62 | ||
Total | 5 | 1706 |