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Shown Below Is a Portion of a Computer Output for a Regression

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Shown below is a portion of a computer output for a regression analysis relating supply (Y in thousands of units) and unit price (X in thousands of dollars).
Shown below is a portion of a computer output for a regression analysis relating supply (Y in thousands of units) and unit price (X in thousands of dollars).     a.What has been the sample size for this problem? b.Perform a t test and determine whether or not supply and unit price are related. Let <font face= symbol ></font> = 0.05. c.Perform and F test and determine whether or not supply and unit price are related. Let <font face= symbol ></font> = 0.05. d.Compute the coefficient of determination and fully interpret its meaning. Be very specific. e.Compute the coefficient of correlation and explain the relationship between supply and unit price.f. Predict the supply (in units) when the unit price is $50,000.
a.What has been the sample size for this problem?
b.Perform a t test and determine whether or not supply and unit price are related. Let = 0.05.
c.Perform and F test and determine whether or not supply and unit price are related. Let = 0.05.
d.Compute the coefficient of determination and fully interpret its meaning. Be very specific.
e.Compute the coefficient of correlation and explain the relationship between supply and unit price.f. Predict the supply (in units) when the unit price is $50,000.


Definitions:

Reasonable Apprehension

A perception or fear of bias or prejudice that appears fair or sensible to an unbiased observer.

Bias

A preconceived opinion or inclination that is not based on reason or actual experience, leading to unfair judgments or decisions.

Supreme Court of Canada

The Supreme Court of Canada is the highest court in Canada, serving as the final court of appeal and deciding on issues of national importance.

Rules of Evidence

The legal principles that govern the admissibility, relevance, and quality of evidence in court proceedings.

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