Watching paint dry: In tests designed to measure the effect of the concentration (in percent) of a
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Watching paint dry: In tests designed to measure the effect of the concentration (in percent) of a certain additive on the drying time (in hours)
of paint, the following data were obtained.
a. Compute the least-squares regression line for predicting drying time (y)
from concentration (x).
b. Construct a 95% confidence interval for the slope.
c. Test H0: β1 = 0 versus H1: β1
Can you conclude that concentration is useful in predicting drying time? Use the α = 0.05 level of significance.
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