In exercise 20, data on x price ($) and y overall score for ten 42-inch plasma televisions
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In exercise 20, data on x price ($) and y overall score for ten 42-inch plasma televisions tested by Consumer Reports provided the estimated regression equation yˆ 12.0169
.0127x. For these data SSE 540.04 and SST 982.40. Use the F test to determine whether the price for a 42-inch plasma television and the overall score are related at the
.05 level of significance.
c. Use equation (14.26) to estimate the standard deviation of an individual value of y when x 4.
d. Use expression (14.27) to develop a 95% prediction interval for y when x 4.
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Statistics For Business And Economics
ISBN: 9780324783247
11th Edition
Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson
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