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14. DETAILS ASWSBE14 14.8.031. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate technology to answer this question Consider the

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14. DETAILS ASWSBE14 14.8.031. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate technology to answer this question Consider the following data on x = weight (pounds) and y = price (s) for 10 road racing bikes Brand Weight Price ($) A 17.8 2,100 B 16.1 6.150 14.0 8.370 D 15.9 6,200 E 17.2 4,000 F F 13.1 8,500 16.2 6,000 H 17.1 2.600 1 17.6 3.300 14.1 8,000 These data provided the estimated regression equation = 28,385 - 1,4286. For these data, SSE = 0,884,432.20 and SST = 51.742,900. Use the test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. State the null and alternative hypotheses. H: 8,0 OH,: 8,0 OH,:, 20 M, 8.0 Hp: 8,0 Find the value of the test statistic (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value State your conclusion Reject or we cannot conclude that the relationship between weight (pounds) and price (s) is significant Do not reject H. We cannot conclude that the relationship between weight (pounds) and price (5) is significant. O Reject H. We conclude that the relationship between weight (pounds) and price (5) is significant Do not reject wg. We conclude that the relationship between weight (pounds) and price (s) is significant Need Help? Reader Blackboard Learn Read You may need to use the appropriate technology to answer this question Consider the following data on weight (pounds) and y price(s) for 10 road racing bikes Brand Weight Price (5) A 17.8 2,100 3 16.1 6,150 8,370 D 15. 6,200 172 4,000 13.1 3,500 102 6,000 H 17.3 2.600 1 126 3,300 141 0,000 These data provided the estimated regression equation - 20,385 - 1420. For these data, SSE443230 and SST 51,243,000. Use the best to determine whether the weight for at and the price are related at the 0.05 level of nificance the land native hypotheses These data provided the estimated regression equation y 28,385 - 1,4286. For these data, SSE-6,884,432.20 and SST - 51,242,800. Use the test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. State the rul and alternative hypotheses H:10 OHO: 0 HP 0 Hoi An - 0 HON, Hol #, . Find the value of the test statistic (Round your answer to two decimal places) Find me pon (Mound your wwwer to three decimal places) pv State your condusion OH We cannot conclude that the relationship between weight (pounds) and price (5) is significant Do note. Ho we cannot conclude that the relationship between weight (pounds) and price (5) is significant Red Wo We conclude that the relationship between weight (pounds) and proe () is significant Do not we conclude that the relationship between weight Counds and price (s) is significant

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