MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
Using the image attached, please assist with the following showing all working.
a. Would the simple regression be useful in predicting price given the number of pages of 90?
In responding, state the null hypothesis(es), the decision rule for α = 0.05 and make the
decision for each hypothesis.
b. Find and interpret a 90% confidence interval for the slope of the regression line.
c. Find and interpret a 95% confidence interval for the price when the pages are $50.
Expert Solution
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Step 1: Write the given information
Given the table shows the number of pages printed of the last six books and the cost of the items as
price ($) | number of pages |
143 | 42 |
179 | 50 |
197 | 47 |
335 | 58 |
384 | 57 |
423 | 73 |
Step by stepSolved in 6 steps with 58 images
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