Full explanation would be appreciated! ANOVA Ms cance F Regression Residual Tota
ID: 2948169 • Letter: F
Question
Full explanation would be appreciated!
ANOVA Ms cance F Regression Residual Total 1575.76 349.14 1924.90 ients Standard ErrortStat 6.1092 0.8931 Co P-value 0.9361 0.149 Intercept If your answer is zero, enter "O a. Write the estimated regression equation (to 4 decimals) b. Use a t test to determine whether monthly maintenance expense is related to usage at the.05 level of significance (to 2 decimals, if necessary) p value- Select your answer - Monthly maintenance expense - Select your answer - to usage c. Did the estimated regression equation provide a good fit? - Select your answerExplanation / Answer
a)from above output:
regression equation Yhat=6.1092+0.8951*x
b) test statsitic t=coefficient/std error=0.8951/0.149=6.01
for above test stat and 8 degree of freedom p value=0.0003
as p value is less than 0.05 level
monthly maintenance expense is related to usage
c)
Yes as test is significant.
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