Following is a portion of the computer output for a regression analysis relating y = maintenance expense (dollars per month) to x = usage (hours per week) of a particular brand of computer terminal.The regression equation isY = 6.1092 + .8951 XPredictorCoefSE Coef Constant6.10920.9361 X0.89510.1490 Analysis of VarianceSOURCEDFSSMSRegression11575.761575.76Residual Error8 349.14 43.64Total91924.90 Complete the estimated regression equation (to 4 decimals). = + xUse a t test to determine whether monthly maintenance expense is related to usage at the .05 level of significance.Compute the value of the t test statistic (to 2 decimals).What is the p-value? Use Table 1 of Appendix B.Selectless than .01between .01 and .02between .02 and .05between .05 and .10between .10 and .20between .20 and .40greater than .40Item 4What is your conclusion?SelectConclude that monthly maintenance expense is related to usageCannot conclude that monthly maintenance is related to usageItem 5Use the estimated regression equation to predict monthly maintenance expense for any terminal that is used 25 hours per week (to 2 decimals).$

1. The value under the column “Coef” corresponding to the row “Constant” gives the intercept as…

Answered: Following is a portion of the computer…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 4GP

See similar textbooks

Related questions

Concept explainers

Question

100%

Following is a portion of the computer output for a regression analysis relating y = maintenance expense (dollars per month) to x = usage (hours per week) of a particular brand of computer terminal.

The regression equation is
Y = 6.1092 + .8951 X
Predictor	Coef	SE Coef
Constant	6.1092	0.9361
X	0.8951	0.1490
Analysis of Variance
SOURCE	DF	SS	MS
Regression	1	1575.76	1575.76
Residual Error	8	349.14	43.64
Total	9	1924.90

Complete the estimated regression equation (to 4 decimals).
= + x
Use a t test to determine whether monthly maintenance expense is related to usage at the .05 level of significance.

Compute the value of the t test statistic (to 2 decimals).

What is the p-value? Use Table 1 of Appendix B.
Selectless than .01between .01 and .02between .02 and .05between .05 and .10between .10 and .20between .20 and .40greater than .40Item 4

What is your conclusion?
SelectConclude that monthly maintenance expense is related to usageCannot conclude that monthly maintenance is related to usageItem 5
Use the estimated regression equation to predict monthly maintenance expense for any terminal that is used 25 hours per week (to 2 decimals).
$

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.