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Carry out an F test for a linear relationship in given problem. Compare your results with those of the t test.

Problem
Recently, research efforts have focused on the problem of predicting a manufacturer's market share by using information on the quality of its product. Suppose that the following data are available on market share, in percentage (Y ), and product quality, on a scale of 0 to 100, determined by an objective evaluation procedure (X ):

X: 27 39 73 66 33 43 47 55 60 68 70 75 82
Y:  2   3  10   9   4   6   5   8   7   9 10 13 12

Estimate the simple linear regression relationship between market share and product quality rating.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92191653

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