Question
In what follows use any of the following tests/procedures: Regression, multiple regression, confidence intervals, one-sided T-test, or two-sided T-test. All the procedures should be done
In what follows use any of the following tests/procedures: Regression, multiple regression, confidence intervals, one-sided T-test, or two-sided T-test. All the procedures should be done with a 5% P-value or a 95% confidence interval. Some answers are approximated; choose the most appropriate answer.
Open Cars04 data. SETUP: It is believed that Honda models (on average) have less horsepower than the Jaguar models. Given the data your job is to confirm or disprove this assertion.
DATA:https://www.limes.one/Content/DataFiles/cars04.txt
I) What test/procedure did you perform?
a. One-sided T-test
b. Two-sided T-test
c. Regression
d. Confidence interval
II) Statistical interpretation?
a. Since P-value is small we are confident that the slope is not zero.
b. Since P-value is small we are confident that one average is smaller than the other.
c. Since P-value is too large the test is inconclusive.
d. None of these.
III) Conclusion?
a. Yes, we can confirm the assertion.
b. No, we cannot confirm the assertion.
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