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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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lilricemunch lilricemunch
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A year ago

Assume you have noted the following prices for books and the number of pages that each book contains.

 

Book

Pages (x)

Price (y)

A

500

$7.00

B

700

7.50

C

750

9.00

D

590

6.50

E

540

7.50

F

650

7.00

G

480

4.50


 

a.Perform an F test and determine if the price and the number of pages of the books are related. Let α = 0.01.
b.Perform a t test and determine if the price and the number of pages of the books are related. Let α = 0.01.
c.Develop a 90% confidence interval for estimating the average price of books that contain 800 pages.
d.Develop a 90% confidence interval to estimate the price of a specific book that has 800 pages.

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
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schmienceschmience
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A year ago
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lilricemunch Author
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A year ago
Thanks for your help!!
sakoon
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Yesterday
This site is awesome
gma_of_7
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You make an excellent tutor!
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