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Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine. The overall score is based
Consider the following data on price ($) and the overall score for six stereo headphones tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest).
Brand | Price ($) | Score |
A | 180 | 74 |
B | 150 | 71 |
C | 95 | 63 |
D | 70 | 54 |
E | 70 | 40 |
F | 35 | 28 |
(a) The estimated regression equation for this data is ? = 24.799 + 0.302x, where x = price ($) and y = overall score. Does the t test indicate a significant relationship between price and the overall score? Use ? = 0.05.
State the null and alternative hypotheses:
Ho : B 1 = H.: B1 H_: P 1 Ho: Bo = H: Bo OH: Bot H B 1 = O He: B , # 0 H =Step by Step Solution
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