Create and interpret the following tests using the following data: confidence interval, t-test, p-value and F- test Y = weekly sales X = advertisement cost Model: Y = 2.6911-0.4795 X SE (0.1216) SE (0.1140) HO: b0 = 0 a = 0.05 tcrit = 2.2622 RSS = 33.27 H1: b0 # 0 n = 11 ESS = 8552.73

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Create and interpret the
following tests using the
following data: confidence
interval, t-test, p-value and F-
test
Y = weekly sales X =
advertisement cost
Model: Y = 2.6911 -0.4795 X
SE (0.1216) SE (0.1140)
HO: b0 = 0 a = 0.05 tcrit =
2.2622 RSS = 33.27
H1: b0 + 0 n = 11 ESS
= 8552.73
Transcribed Image Text:Create and interpret the following tests using the following data: confidence interval, t-test, p-value and F- test Y = weekly sales X = advertisement cost Model: Y = 2.6911 -0.4795 X SE (0.1216) SE (0.1140) HO: b0 = 0 a = 0.05 tcrit = 2.2622 RSS = 33.27 H1: b0 + 0 n = 11 ESS = 8552.73
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