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November 24, 2014

Homework Help: Statistics

Posted by Paul on Sunday, April 29, 2012 at 11:27pm.

The following data represent the number of flash drives sold per day at a local computer shop and their prices.
Price (x)
Units Sold (y)
$34
3
36
4
32
6
35
5
30
9
38
2
40
1

a.
Perform an F test and determine if the price and the number of flash drives sold are related. Let (alpha) = 0.01.
b.
Perform a t test and determine if the price and the number of flash drives sold are related. Let (alpha) = 0.01.

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