The State Tax Commission must download information files each morning. The time to download the files primarily
Question:
a. Develop a scatter plot of the data with the dependent variable, download time, on the vertical axis and the independent variable, size, on the horizontal axis. Does there appear to be a relationship between the two variables? Is the relationship linear?
b. Compute the sample correlation coefficient between the two variables. Conduct a test, using an alpha value of 0.05, to determine whether the population correlation coefficient is significantly different from zero.
c. Determine the simple linear regression model for these data. Plot the simple linear regression model together with the data. Would a nonlinear model better fit the sample data?
d. Now determine a nonlinear model and plot the model against the data. Does the nonlinear model provide a better fit than the linear model developed in part c?
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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