In: Statistics and Probability
Each box of Healthy Crunch breakfast cereal contains a coupon entitling you to a free package of garden seeds. At the Healthy Crunch home office, they use the weight of incoming mail to determine how many of their employees are to be assigned to collecting coupons and mailing out seed packages on a given day. (Healthy Crunch has a policy of answering all its mail on the day it is received.) Let x = weight of incoming mail and y = number of employees required to process the mail in one working day. A random sample of 8 days gave the following data.
x (lb) | 14 | 22 | 15 | 6 | 12 | 18 | 23 | 25 |
y (Number of employees) | 7 | 10 | 9 | 5 | 8 | 14 | 13 | 16 |
In this setting we have Σx = 135, Σy = 82, Σx2 = 2563, Σy2 = 940, and Σxy = 1530.
(f) Find Se. (Round your answer to three
decimal places.)
Se =
(g) Find a 95% for the number of employees required to process mail
for 14 pounds of mail. (Round your answer to two decimal
places.)
lower limit | employees |
upper limit | employees |
(h) Test the claim that the slope β of the population
least-squares line is positive at the 1% level of significance.
(Round your test statistic to three decimal places.)
t =
Find or estimate the P-value of the test statistic.
P-value > 0.250
0.125 < P-value < 0.250
0.100 < P-value < 0.125
0.075 < P-value < 0.100
0.050 < P-value < 0.075
0.025 < P-value < 0.050
0.010 < P-value < 0.025
0.005 < P-value < 0.010
0.0005 < P-value < 0.005
P-value < 0.0005
Conclusion
Reject the null hypothesis, there is sufficient evidence that β > 0.
Reject the null hypothesis, there is insufficient evidence that β > 0.
Fail to reject the null hypothesis, there is sufficient evidence that β > 0.
Fail to reject the null hypothesis, there is insufficient evidence that β > 0.
(i) Find an 80% confidence interval for β and interpret
its meaning. (Round your answers to three decimal places.)
lower limit | |
upper limit |
Interpretation
For each less pound of mail, the number of employees needed increases by an amount that falls within the confidence interval.
For each additional pound of mail, the number of employees needed increases by an amount that falls outside the confidence interval.
For each additional pound of mail, the number of employees needed increases by an amount that falls within the confidence interval.
For each less pound of mail, the number of employees needed increases by an amount that falls outside the confidence interval.