Question

In: Statistics and Probability

Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine.

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

Solutions

Expert Solution

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

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