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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.
Paradigm Shift
A major change in basic assumptions of a particular scientific discipline.
Correlation
A relationship between variables in which they change together and may or may not be causal.
Causation
A relationship between variables in which a change in one directly produces a change in the other.
Defining Variables
The process of establishing what will be measured in a study and how those measurements will be categorized or quantified.
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