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Assume you have noted the following prices for paperback books and the number of pages that each book contains. Book Pages(x) Price (y) A 500

Assume you have noted the following prices for paperback books and the number of pages that each book contains.

Book

Pages(x)

Price (y)

A

500

7.00

B

700

7.50

C

750

9.00

D

590

6.50

E

540

7.50

F

650

7.00

G

480

4.50

Perform an F test and determine if the price and the number of pages of the books are related. Let = 0.01.

Perform a t test and determine if the price and the number of pages of the books are related. Let = 0.01.

show answers using excel functions to solve.

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