Examine the following data: x 2 8 9 12 15 22 21 25 37 39 y 4
Question:
Examine the following data:
x 2 8 9 12 15 22 21 25 37 39 y 4 75 175 415 620 7,830 7,551 7,850 11,112 11,617
a. Construct a scatter plot of the data. Determine the order of the polynomial that is represented by the 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 second-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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