SCENARIO 13-14-A
You are the CEO of a dairy company. You are planning to expand production by purchasing
additional cows, lands and hiring more workers. From the existing 50 farms owned by the company,
you have collected data on total milk production (in liters) and the number of milking cows. The data
are shown below and also available in the Excel file Scenario13-14-DataA.XLSX. You believe that the number of milking cows is the best predictor for total milk production on any
given farm.
-Referring to Scenario 13-14-A, the conclusion on the test of whether total milk production depends linearly on the number of milking cows using a 1% level of significance is _________
A) There is not enough evidence that total milk production does not depend linearly on the number of milking cows.
B) There is enough evidence that total milk production does not depend linearly on the number of milking cows.
C) There is not enough evidence that total milk production depends linearly on the number of milking cows.
D) There is enough evidence that total milk production depends linearly on the number of milking cows.
Correct Answer:
Verified
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