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 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 α = .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.
p-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 α = .05.

Because p-value is - -greater than or equal toless than or equal toequal toItem 5 .05, we - Select your answer 6 H0: β1 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
Error
Total

Solutions

Expert Solution

SST=Syy= 2,136.8333
SSE =Syy-(Sxy)2/Sxx= 467.660
SSR =(Sxy)2/Sxx = 1,669.1734
s2 =SSE/(n-2)= 116.9150
std error σ              = =se =√s2= 10.8127

a)

test stat t = (bo-β1)/se(β1)= = 3.78
p value: = 0.0195 ~0.019 or between 0.01 and 0.025

There is a significant relationship between price and overall score

b)test statistic F =14.28

between .01 and .025

Because p-value is  less than or equal to 0.05 we reject Ho :β1 is equal to zero

c)

SS df MS F p value
1669.173 1 1669.173 14.277 0.019
467.660 4 116.915
2136.833 5

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