You are looking to use simple linear regression to link fuel consumption to revolutions per minute (RPM)
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You are looking to use simple linear regression to link fuel consumption to revolutions per minute (RPM) for a new commercial jet aircraft engine that your company has produced. The following five observations are available from an early simulation:
The estimated regression equation turns out to be ŷ = 60 + 38x. Have you found a statistically significant linear relationship between RPM and fuel consumption at the 5% significance level? Explain.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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