Home
Search
Gallery
Blogs
Dictionary
Textbooks
Resource Library
Flashcards
Latest Topics
Ask a Question
Home
Take a Tour
Study Tips
Help Pages
Contact Us
Gallery
Recently Added
Videos
Search
Blogs
Dictionary
Add New Word
Random Term
Recent Changes
Resource Library
Share Your Resources
Recently Added
Search
Forum
Ask a Question
Log In
Sign Up
homework help
portal
Q & A Board
Gallery
Notes and Downloads
This Board
Research Articles
Entire Website using Google
Forum
Search
Advanced Search
Image Gallery
Resource Library
Browse by
Textbooks
Chat
Subjects
Recent
Posts
•
Latest Topics
•
Unresolved Questions
Top Posters
Since Sunday
8
s
5
a
2
1
1
1
1
1
1
1
1
Home
Q & A Board
Science-Related Homework Help
Mathematics
Statistics and Probability
Print
New Topic
Use the information below to answer the following question(s). Cars.com would like to use simple ...
Heeey17
Heeey17
wrote...
Go to Answer
Posts:
85
Rep:
0
0
2 weeks ago
2 weeks ago
Use the information below to answer the following question(s). Cars.com would like to use simple ...
Use the information below to answer the following question(s).
Cars.com would like to use simple regression to predict the selling price of a used car, in thousands of dollars, based on the age of the car in years. A random sample of used cars was selected and the result of the regression analysis is shown below.
Which one of the following statements is true using
α
= 0.05?
▸ Because the
p
-value for the slope is 0.0002, we can reject the null hypothesis and conclude that there is a relationship between the age and selling price of a used car.
▸ Because the
p
-value for the slope is 0.0002, we fail to reject the null hypothesis and conclude that there is a relationship between the age and selling price of a used car.
▸ Because the
p
-value for the slope is 0.0351, we can reject the null hypothesis and conclude that there is a relationship between the age and selling price of a used car.
▸ Because the
p
-value for the slope is 0.0351, we can reject the null hypothesis and conclude that there is no relationship between the age and selling price of a used car.
Textbook
Business Statistics
Edition:
2
^{nd}
Author:
Donnelly
Read 8 times
1
Reply
Report
Replies
Answer verified by a
subject expert
Butwhy
Butwhy
wrote...
#1
Answer Link
Posts:
72
Rep:
0
0
2 weeks ago
2 weeks ago
Sign in
or
Sign up
in seconds to unlock everything for free
Login with Facebook
Login with Google
Login with Twitter
More questions for this book are
available here
Because the
p
-value for the slope is 0.0351, we can reject the null hypothesis and conclude that there is a relationship between the age and selling price of a used car.
1
Report
Related Topics
Solved
Use the information below to answer the following question(s). Cars.com would like to use simple ...
Solved
Use the information below to answer the following question(s). Cars.com would like to use simple ...
Heeey17
wrote...
Posts:
85
Credits:
30
2 weeks ago
Correct
TY
joyceess
wrote...
Posts:
76
Credits:
40
Yesterday
this is exactly what I needed
DragonHeart
wrote...
Posts:
120
Credits:
125
2 hours ago
Smart ... Thanks!
New Topic
Quick Reply
[center][color=gray]Please [b]login or register[/b] to leave a reply[/color][/center]
Explore
Post your homework questions and get free online help from our incredible volunteers
77 People Browsing
278 Signed Up Today
Start New Topic
Take the Tour
Study Tips
Topics Trending
New
Browse by Textbook
Your Opinion
Where do you get your textbooks?
Amazon or alike
Specialty textbook website
Campus bookstore
Textbook swap service
E-Book from Publisher
Friends
Other
Votes: 183
Previous poll results:
Which 'study break' activity do you find most distracting?
Related Images
2067
172
143
Latest Blogs
Wholphin: a fertile hybrid
Birthmarks and what causes them
The staircase that defies science
Four color theorem
Can 1 equal 2? Spot the error
Ready to ask a question on
Biology Forums
?
Try it out
When should a charge slip be prepared and attached to a patient's chart?
–
Nursing and Clinical
The largest nationally representative and continuing assessment of what America's students know and ...
–
Education Studies
100 mL of 0.2 mol/L sodium carbonate solution and 200 mL of 0.1 mol/L calcium nitrate solution
–
Chemistry
According to the text, evaluation is:
–
Education Studies
Those who direct curriculum evaluations should have a high level of expertise and be well-grounded in:
–
Education Studies
[Notes] - Bio 30 Unit 3 / Unit 4 (Questions and Solutions)
–
Free Notes
A teaspoon of milk of magnesia contains 12.0 mg of magnesium hydroxide
–
Chemistry
Krafft-Ebing believed that males' masturbation could lead to :
–
Family Studies
Define the strengths and limitations of performance-based assessment.
–
Education Studies
The localization of enzyme is the one and only factor that creates the difference between
–
Genetics and Developmental Biology
Loading...