In: Statistics and Probability
An office supply company services copiers and tracks how many machines are serviced and the length of time (in minutes) for a service call. The data below for 11 clients is below. Sum X = 46 Sum Y= 234 Sum XY = 5797 Sum X2 =1180 Sum Y2 =146608 7) Calculate the calculated t statistic for testing the slope coefficient. 8) Calculate the calculated t statistic for testing the correlation coefficient. 9) Find the residuals for observations #2 (X = 4 ; Y = 109) and #4 (X = 7; Y = 189)
7)
Answer: t = 1.338
(8)
Answer: t = 1.338
(9)
Residual = observed - Predicted = 109 - 20.39 = 88.61
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Residual = observed - Predicted = 189- 35.02 = 153.98