Below you are given information on a woman's age and her annual expenditure on purchase of books.
a.Develop the least squares regression equation.
b.Compute the coefficient of determination.
c.Use a t test to determine whether the slope is significantly different from zero. Let $\alpha$ = 0.05.
d.At 95% confidence, perform an F test and determine whether or not the model is significant.

Question

Below you are given information on a woman's age and her annual expenditure on purchase of books.  
a.Develop the least squares regression equation.
b.Compute the coefficient of determination.
c.Use a t test to determine whether the slope is significantly different from zero. Let $\alpha$ = 0.05.
d.At 95% confidence, perform an F test and determine whether or not the model is significant.

Quizplus · Accepted Answer

The Answer of Below you are given information on a woman's age and her annual expenditure on purchase of books.  
a.Develop the least squares regression equation.
b.Compute the coefficient of determination.
c.Use a t test to determine whether the slope is significantly different from zero. Let $\alpha$ = 0.05.
d.At 95% confidence, perform an F test and determine whether or not the model is significant.

Below You Are Given Information on a Woman's Age and Her