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DETAILS You may need to use the appropriate technology to answer this question. Consider the following sample of production volumes and total cost data for

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DETAILS You may need to use the appropriate technology to answer this question. Consider the following sample of production volumes and total cost data for a manufacturing operation. Production Volume Total Cost (units) ($) 400 4,000 450 4.900 550 5,500 600 5,900 700 6,500 750 7,000 This data was used to develop an estimated regression equation, ? = 1,125.33 + 7.84x, relating production volume and cost for a particular manufacturing operation. Use a = 0.05 to test whether the production volume is significantly related to the total cost. (Use the F test.) State the null and alternative hypotheses. OHp: Po - 0 OH. 1 =D He Po - 0 Set up the ANOVA table. (Round your p-value to three decimal places and all other values to two decimal places.) Source Sum Degrees Mean of Variation of Squares of Freedom Square p-value Regression Error Total 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 - What Is your conclusion? O Do not reject Ho. We conclude that the relations and total cost is significant. O Reject Ho. We cannot conclude that the rela eduction volume and total cost is significant. O Reject Ho: We conclude that the relationship b and total cost is significant. Do not reject Ho. We cannot conclude that the rela tion volume and total cost is significant. i Tutorial Submit Answer View Previous Question Question 5 of 5

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