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SCENARIO 13-12 the Manager of the Purchasing Department of a Large

Question 193

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SCENARIO 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)it takes to record a loan application.Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded.Below is the regression output: SCENARIO 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)it takes to record a loan application.Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded.Below is the regression output: -Referring to Scenario 13-12, to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of loan applications processed, the p-value of the test statistic is ____. SCENARIO 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)it takes to record a loan application.Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded.Below is the regression output: -Referring to Scenario 13-12, to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of loan applications processed, the p-value of the test statistic is ____. SCENARIO 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)it takes to record a loan application.Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded.Below is the regression output: -Referring to Scenario 13-12, to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of loan applications processed, the p-value of the test statistic is ____.
-Referring to Scenario 13-12, to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of loan applications processed, the p-value of the test statistic is ____.

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