SCENARIO 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:
-Referring to Scenario 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

SCENARIO 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: 
-Referring to Scenario 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

The p-value for 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 because they are both testing the same hypothesis. The p-value for 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 because they are both tests of the same hypothesis.

SCENARIO 13-10 the Management of a Chain Electronic Store Would