Consider the following data: x 1 4 5 7 8 12 11 14 19 20 y 1
Question:
Consider the following data:
x 1 4 5 7 8 12 11 14 19 20 y 1 54 125 324 512 5,530 5,331 5,740 7,058 7,945
a. Construct a scatter plot of the data. Determine the order of the polynomial that is represented by this data.
b. Obtain an estimate of the model identified in part a.
c. Conduct a test of hypothesis to determine if a thirdorder, as opposed to a first-order, polynomial is a better representation of the relationship between y and x. Use a significance level of 0.05 and the p-value approach.
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Related Book For
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry
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