Shown below is computer ouput for a regression analysis, Ask an Expert

Statistics

Shown below is computer ouput for a regression analysis relating Y (demand in units) and X (unit price).



ANOVA	Df	SS
Regression	1	5048.818
Residual	46	3132.661
Total	47	8181.479

	Coefficients	St. Error	t-stat
Intercept	80.39	3.102
X	-2.137	0.248	_______ ???

a. Perform a t test and determine whether or not demand and unit price are related. Let alpha=0.05

b. Perform an F test and determine whether or not demand and unit price are related. Let alpha = 0.05 Shown below is computer ouput for a regression analysis relating Y (demand in units) and X (unit price).

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9379526

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Phillips owns 25 of mintor inc a private company in 2007

Phillips owns 25 % of Mintor, Inc. (a private company). In 2007, Mintor had sales of $22,00,000, had net income of $82,000 and Mintor paid $32,000 in dividends. If Phillips uses the Equity Income method, what did Phillip ...

Anbsphow much money would you have to invest today to

a. How much money would you have to invest today to accumulate ?$3,100 after 4 years if the rate of return on your investment is 15?%? b. What is the present value of ?$3,100 that you will receive after 4 years if ...

A normal distribution has a mean equal to 43 what is the

A normal distribution has a mean equal to 43. What is the standard deviation of this normal distribution if 2.5% of the proportion under the curve lies to the right of x = 46.92? (Round your answer to two decimal place ...

Matterhorn inc had the following sales for the past six

Matterhorn, Inc. had the following sales for the past six months. Matterhorn collects its credit sales 30% in the month of sale, 60% one month after the sale, and 10% two months after the sale. Cash Sales Credit Sales Ja ...

A study was conducted to evaluate the association between

A study was conducted to evaluate the association between benzene exposure and leukemia. Employment records identified 10,000 workers who were occupationally exposed to benzene in the 1980s and 14,000 workers who were no ...

Stock valuation gruber corp pays a constant 9 dividend on

Stock Valuation Gruber Corp. pays a constant $9 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 1 ...

1 the personnel office at a large electronics firm

1. The personnel office at a large electronics firm regularly schedules job interviews and maintains records of the interviews. From the past records, they have found that the length of a first interview is normally dist ...

Question 1 find the area between -88 standard deviations

Question 1: Find the area between .-88 standard deviations below the mean and 2.35 standard deviations above the mean. '88=.3106 and 2.3=.4906 Both figures are added .3106+.4906= .8012 which is 80.12% Question 2: The are ...

A survey asks 20002000 workers has the economy forced you

A survey asks 20002000 ?workers, "Has the economy forced you to reduce the amount of vacation you plan to take this? year?" FiftyFifty?-fourfour percent of those surveyed say they are reducing the amount of vacation. Twe ...

Transaction costsnbspnbspin late december you decide for

Transaction costs In late December you decide, for tax purposes, to sell a losing position that you hold in Twitter, which is listed on the NYSE, so that you can capture the loss and use it to offset some capital gains, ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert