A consumer buying cooperative tested the effective heating area of 20 different electric space heaters with different wattages. Here are the results.   Heater Wattage Area 1 1,000   290   2 750   292   3 1,500   148   4 1,250   246   5 1,250   203   6 750   85   7 1,250   237   8 1,000   139   9 1,500   64   10 1,000   171   11 1,750   163   12 1,250   175   13 750   264   14 1,500   50   15 1,750   163   16 1,500   177   17 1,250   118   18 1,750   122   19 1,000   144   20 1,500   103            Click here for the Excel Data File     Compute the correlation between the wattage and heating area. Is there a direct or an indirect relationship? (Round your answer to 4 decimal places.)   Conduct a test of hypothesis to determine if it is reasonable that the coefficient is greater than zero. Use the 0.025 significance level. (Round intermediate calculations and final answer to 3 decimal places.) H0: ρ ≤ 0; H1: ρ > 0 Reject H0 if t > 2.101   Develop the regression equation for effective heating based on wattage. (Negative value should be indicated by a minus sign. Round your answers to 3 decimal places.)     Which heater looks like the “best buy” based on the size of the residual? (Round residual value to 3 decimal places.)

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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A consumer buying cooperative tested the effective heating area of 20 different electric space heaters with different wattages. Here are the results.

 

Heater Wattage Area
1 1,000   290  
2 750   292  
3 1,500   148  
4 1,250   246  
5 1,250   203  
6 750   85  
7 1,250   237  
8 1,000   139  
9 1,500   64  
10 1,000   171  
11 1,750   163  
12 1,250   175  
13 750   264  
14 1,500   50  
15 1,750   163  
16 1,500   177  
17 1,250   118  
18 1,750   122  
19 1,000   144  
20 1,500   103  
 

 

 

 

 Click here for the Excel Data File

 

 

  1. Compute the correlation between the wattage and heating area. Is there a direct or an indirect relationship? (Round your answer to 4 decimal places.)

 

  1. Conduct a test of hypothesis to determine if it is reasonable that the coefficient is greater than zero. Use the 0.025 significance level. (Round intermediate calculations and final answer to 3 decimal places.)

H0: ρ ≤ 0; H1: ρ > 0 Reject H0 if t > 2.101

 

  1. Develop the regression equation for effective heating based on wattage. (Negative value should be indicated by a minus sign. Round your answers to 3 decimal places.)

 

 

  1. Which heater looks like the “best buy” based on the size of the residual? (Round residual value to 3 decimal places.)

 

 

 

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