11.44 An employer has found that factory workers who are with the company longer tend to invest...
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11.44 An employer has found that factory workers who are with the company longer tend to invest more in a company investment program per year than workers who have less time with the company.
The following model is believed to be adequate in modeling the relationship of annual amount invested Y to years working for the company x:
The employer checks the records for a sample of 50 factory employees for a previous year and fits the above model to get and
. The basic shape of a quadratic model depends upon whether or .
Test to see whether the employer can conclude that .Use .
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Related Book For
Probability And Statistics For Engineers
ISBN: 9781133006909
5th Edition
Authors: Richard L Scheaffer, Madhuri Mulekar, James T McClave, Cecie Starr
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