MATLAB: An Introduction with Applications
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. 

A book publisher charges its clients based on the number of pages that are printed. The table below
shows the number of pages printed of the last six books and the cost of the items:
Price ($)
Number of
pages
143
42
179
50
197
47
335
58
384
57
423
73
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Transcribed Image Text:A book publisher charges its clients based on the number of pages that are printed. The table below shows the number of pages printed of the last six books and the cost of the items: Price ($) Number of pages 143 42 179 50 197 47 335 58 384 57 423 73
Expert Solution
Check Mark
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
14342
17950
19747
33558
38457
42373
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