TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:
-True or False: Referring to Table 13-10,the p-value of the t test and F test should be the same when testing whether the number of customers who make purchases is a good predictor for weekly sales.

Question

TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results: 
-True or False: Referring to Table 13-10,the p-value of the t test and F test should be the same when testing whether the number of customers who make purchases is a good predictor for weekly sales.

Quizplus · Accepted Answer

In simple linear regression, the t-test for the slope and the F-test for the overall model significance are equivalent, leading to the same p-value when testing the predictor's significance.

TABLE 13-10 the Management of a Chain Electronic Store Would Like to Like