Personal Spending and Personal Income
Is personal spending linearly related to orders for durable goods and personal income? A recent study reported the amounts of personal spending (in trillions of dollars), amount spent on durable goods (in billions of dollars), and personal income (in trillions of dollars). A statistical package was used to fit a linear regression model, producing the output below. R 2 = 95.9% R 2 (adj) = 95.0%, s = 0.0144 with 12 - 3 = 9 df.
-A medical study investigated the link between obesity and television viewing habits in children. One part of the study involved characterizing the difference in viewing habits between boys and girls. A regression model was used to compare the number of hours of television watched per week by boys with the number watched by girls. Use the computer printout below to determine whether there is a significant difference between these two groups. The variable named "Gender" in the printout is equal to one if the subject is female, and 0 if the subject is male. State the null and alternative hypotheses of interest. State your conclusion based on a 0.05 significance level.
The regression equation is Hours = 21.5 0.201 Gender Analysis of Variance

Question

Personal Spending and Personal Income
Is personal spending linearly related to orders for durable goods and personal income? A recent study reported the amounts of personal spending (in trillions of dollars), amount spent on durable goods (in billions of dollars), and personal income (in trillions of dollars). A statistical package was used to fit a linear regression model, producing the output below.   R 2 = 95.9% R 2 (adj) = 95.0%, s = 0.0144 with 12 - 3 = 9 df.
-A medical study investigated the link between obesity and television viewing habits in children. One part of the study involved characterizing the difference in viewing habits between boys and girls. A regression model was used to compare the number of hours of television watched per week by boys with the number watched by girls. Use the computer printout below to determine whether there is a significant difference between these two groups. The variable named "Gender" in the printout is equal to one if the subject is female, and 0 if the subject is male. State the null and alternative hypotheses of interest. State your conclusion based on a 0.05 significance level.
The regression equation is Hours = 21.5  0.201 Gender  Analysis of Variance

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The Answer of Personal Spending and Personal Income
Is personal spending linearly related to orders for durable goods and personal income? A recent study reported the amounts of personal spending (in trillions of dollars), amount spent on durable goods (in billions of dollars), and personal income (in trillions of dollars). A statistical package was used to fit a linear regression model, producing the output below.   R 2 = 95.9% R 2 (adj) = 95.0%, s = 0.0144 with 12 - 3 = 9 df.
-A medical study investigated the link between obesity and television viewing habits in children. One part of the study involved characterizing the difference in viewing habits between boys and girls. A regression model was used to compare the number of hours of television watched per week by boys with the number watched by girls. Use the computer printout below to determine whether there is a significant difference between these two groups. The variable named "Gender" in the printout is equal to one if the subject is female, and 0 if the subject is male. State the null and alternative hypotheses of interest. State your conclusion based on a 0.05 significance level.
The regression equation is Hours = 21.5  0.201 Gender  Analysis of Variance