Car Reliability a Consumer Group Assigned 62 Car Models Reliability

question 13

Essay

Car reliability A consumer group assigned 62 car models reliability ratings of 1 - 5 based upon repair records. They wondered if more expensive cars might be more reliable. To find out, they created the regression analysis shown. (SHOW WORK. Don't bother writing hypotheses, and you may assume the assumptions for inference were all satisfied.)

$\begin{array}{|lcc|}\hline\text { Dependent variable is: } & \text {Reliability }\\\text { Variable }&\text { Coefficient} &\text {s.e. of coeff} \\\text {Constant} & 2.7029 & 0.3508 \\\text {Price }& 0.5099 & 0.4116 \\\hline\end{array}$

a. df = ______, t = ______, P =______
b. State your conclusion.

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Definitions:

Appreciative Inquiry

An approach focusing on identifying and building upon an organization's strengths and successes rather than problems.

Discovery

The act or process of finding or learning something new that was not known before.

Dreaming

A series of thoughts, images, and sensations occurring in a person’s mind during sleep.

Organizational Change Interventions

Planned activities or programs aimed at improving an organization's effectiveness through changes in processes, culture, or infrastructure.