A soap manufacturer tested a standard bar of soap to see how long it would last. A

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A soap manufacturer tested a standard bar of soap to see how long it would last. A test subject showered with the soap each day for 15 days and recorded the Weight (in grams) of the soap after the shower. The resulting regression computer output looks, in part, like this:
A soap manufacturer tested a standard bar of soap to

Find the following facts in this output, or determine them from what you know.
a) The standard deviation of the residuals
b) The slope of the regression line
c) The standard error of b1
d) The P-value appropriate for testing H0: β1 = 0 versus HA: β 1 ‰  0
e) Is the null hypothesis rejected at α = 0.05?

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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