Below you are given information on a woman's age and her annual expenditure on purchase of books. 
a.Develop the least squares regression equation.
b.Compute the coefficient of determination.
c.Use a t test to determine whether the slope is significantly different from zero. Let = 0.05.
d.At 95% confidence, perform an F test and determine whether or not the model is significant.
Definitions:
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in a given year, expressed in base-year prices.
Nominal GDP
GDP based on prices prevailing at the time of production.
Price Level
A measure of the average prices of goods and services in an economy at a specific point in time.
Aggregate Demand Curve
A graphical representation showing the relationship between the overall price level in an economy and the total demand for goods and services at that price level.
Q4: The p-value<br>A)is the same as the Z
Q16: The following data show the preference
Q25: In a completely randomized experimental design, 11
Q29: The error of rejecting a true
Q47: If data for a time series analysis
Q47: Refer to Exhibit 11-6. At 95% confidence,
Q64: The following time series shows the
Q81: Refer to Exhibit 15-1. The coefficient of
Q105: In a sample of 40 Democrats, 6
Q112: Refer to Exhibit 14-1. The MSE is<br>A)1<br>B)2<br>C)3<br>D)4