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Following are the data on plant weight and quantity of volatile emissions.

α=0.05

presuming that the assumption for regression inference are met, decide at the specified significance level whether the data provide sufficient evidence to conclude that the predictor variable is useful for providing the response variable.

Short Answer

Expert verified

The data do not provide sufficient evidence to conclude that the variable, weight xis useful as a predictor of quantity of volatile emissionyfor the potato plant.

Step by step solution

01

Given Information

Given table is

α=0.05we have to find out whether the data provide sufficient evidence to conclude that the predictor variable is useful for providing the response variable.

02

Explanation

STEP 1: the null and alternative hypothesis are:

H0:β1=0

Hα:β10

STEP 2: Determine the αsignificance level.

The hypothesis test should be run at a significance level of 5percent, or α=0.05

Table of computation:H0:β1=0

Sxy=xiyi-xiyi/n=10486-(723)(156.5)/11=199.6818182

Sxx=xi2-xi2/n=48747-(723)2/11=1226.181818

SST is given by

Syy=yi2-yi2/n=2523.25-(156.5)2/11=296.6818182

SSR is given by

SSR=Sxy2Sxx=(199.6818)21226.182=32.51787616

SSE=SST-SSR=296.6818182-32.51787616=264.163942

Slope of regression line can be calculated by

b1=SxySxx=199.68181821226.181818=0.162848458

Standard error can be estimated by

se=SSEn-2=264.16394211-25.42

STEP-3 The value of test statistic can be calculated as

t=b1se/sxx=0.1628484585.4177069981226.1818181.053

STEP-4

df=n-1=11-2=9

We discovered that critical values are±tα/2=±t0.025=±2.262using technology.

STEP 4: The test statistic's value is t=1.053as of Step 3. Because the test is two-sided, the P-value represents the likelihood of seeing a t value of 1.053or larger if the null hypothesis is true. We get thep=0.319982through using technology.

STEP 5: Because the test statistics have a lower value than the crucial value. Our null hypothesis is not rejected. H0i.e. t=1.053<t0.025,9=2.262

or

STEP 5: Since the P-value is=0.319982>α=0.05, this is the final step. Our null hypothesis is not rejected.H0

STEP 6: The data do not give adequate evidence to establish that the variable, weight xis useful as a predictor of quantity of volatile emission (y for the potato plant at the5%significance level.

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Most popular questions from this chapter

14.95 Plant Emissions. Following are the data on plant weight and quantity of volatile emissions from Exercise 14.25.

x
57
85
57
65
52
67
62
80
77
53
68
y
8.0
22.0
10.5
22.5
12.0
11.5
7.5
13.0
16.5
21.0
12.0

a. Obtain a point estimate for the mean quantity of volatile emissions of all (Solanum tuberosum) plants that weigh 60g.
b. Find a 95%confidence interval for the mean quantity of volatile emissions of all plants that weigh 60g.
c. Find the predicted quantity of volatile emissions for a plant that weighs 60g.
d. Determine a 95%prediction interval for the quantity of volatile emissions for a plant that weighs 60g.

To find and interpret a confidence interval, at the specified confidence level 99%for the slope of the population regression line that relates the response variables to the predictor variable.

High and Low Temperature. The data from Exercise 14.39for average high and low temperatures in January for a random sample of 50cities are on the WeissStats site.

a. Decide whether you can reasonably apply the regression t-test. If so, then also do part (b).

b. Decide, at the 5%significance level, whether the data provide sufficient evidence to conclude that the predictor variable is useful for predicting the response variable.

14.22 Tax Efficiency. Tax efficiency is a measure ranging from 0 to 100 - of how much tax due to capital gains stock or mutual funds investors pay on their investments each year, the higher the tax efficiency, the lower the tax. The paper "At the Mercy of the Manager" (Financial Planning, Vol. 30(5), pp. 54-56 ) by C. Israelsen examined the relationship between investments in mutual fund portfolios and their associated tax efficiencies. The following table shows the percentage of investments in energy securities (x)and tax efficiency (y)for 10 mutual fund portfolios.

we repeat the data and provide the sample regression equations for Exercises a.Determine the standard error of the estimate.

b. Construct a residual plot.

c. Construct a normal probability plot of the residuals.

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