Exhibit 12-10
The following information regarding a dependent variable Y and an independent variable X is provided.
-Assume you have noted the following prices for books and the number of pages that each book contains.
a. Perform an F test and determine if the price and the number of pages of the books are related. Let ? = 0.01.
b. Perform a t test and determine if the price and the number of pages of the books are related. Let ? = 0.01.
c. Develop a 90% confidence interval for estimating the average price of books that contain 800 pages.
d. Develop a 90% confidence interval to estimate the price of a specific book that has 800 pages.
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