Examlex

Solved

Consider the Following Data for Two Variables, X and Y

question 41

Essay

Consider the following data for two variables, x and y. x7103531041458y35.028.545.045.055.025.037.527.530.027.5\begin{array} { | c | c c c c c c c c c c | } \hline x & 7 & 10 & 3 & 5 & 3 & 10 & 4 & 14 & 5 & 8 \\\hline y & 35.0 & 28.5 & 45.0 & 45.0 & 55.0 & 25.0 & 37.5 & 27.5 & 30.0 & 27.5 \\\hline\end{array} Use Excel to determine whether there is sufficient evidence at the 1% significance level to infer that the relationship between y, x and x2x ^ { 2 } in y^\hat{y} = 66.799-7.307x + 0.324x2 is significant.


Definitions:

Survey

A systematic method of collecting data from a sample of individuals to gather information and insights on various subjects.

Solicitor's Fee

The charges or fees paid for the services of a solicitor, a type of lawyer in some jurisdictions.

Sale

The act of selling something, transferring ownership of a product or service to a buyer for a price.

Purchase

The act of buying goods or services, involving the exchange of money for ownership or use rights.

Related Questions