Bardi Trucking Co., located in Cleveland, Ohio, makes deliveries in the Great Lakes region, the Southeast, and the Northeast. Jim Bardi, the president, is studying the relationship between the distance a shipment must travel and the length of time, in days, it takes the shipment to arrive at its destination. To investigate, Mr. Bardi selected a random sample of 20 shipments made last month. Shipping distance is the independent variable and shipping time is the dependent variable. The results are as follows:
Shipment | Distance (miles) | Shipping Time (days) | Shipment | Distance (miles) | Shipping Time (days) | |||
1 | 702 | 13 | 11 | 716 | 5 | |||
2 | 634 | 13 | 12 | 688 | 10 | |||
3 | 710 | 5 | 13 | 677 | 14 | |||
4 | 829 | 15 | 14 | 795 | 7 | |||
5 | 635 | 7 | 15 | 709 | 3 | |||
6 | 643 | 7 | 16 | 702 | 12 | |||
7 | 851 | 8 | 17 | 798 | 7 | |||
8 | 853 | 5 | 18 | 690 | 6 | |||
9 | 727 | 6 | 19 | 632 | 7 | |||
10 | 716 | 5 | 20 | 650 | 12 | |||
. Fill in the blanks. (Round your answers to 3 decimal places. Negative values should be indicated by minus sign.)
x¯x¯ | |
y¯y¯ | |
Sx | |
Sy | |
r | |
b-2. State the decision rule for 0.10 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)
b-3. Compute the value of the test statistic. (Negative value should be indicated by a minus sign. Round your answer to 3 decimal places.)
b-4. Can we conclude that there is a positive correlation between distance and time? Use the 0.10 significance level.
c-1. Determine the coefficient of determination. (Round your answer to 3 decimal places.)
c-2. Fill in the blank below. (Round your answer to 1 decimal places.)
? % of the variation in shipping time is explained by shipping distance.
Determine the standard error of estimate. (Round your answer to 3 decimal places.)
(a)
717.85 | |
8.35 | |
Sx | 71.18 |
Sy | 3.573 |
r | -0.117 |
b-1) the decision rule for 0.10 significance level: H0: ρ ≤ 0; H1: ρ > 0 is
reject H0 if t>tc=1.33
b-2) The test statistic is
b-3) Since t=-0.4998 < tc=1.33, do not reject H0.
we cant conclude that there is a positive correlation between distance and time at 0.10 significance level.
c-1) the coefficient of determination is
c-2) 1.4 % of the variation in shipping time is explained by shipping distance.
The standard error of estimate is 3.646.
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