The owner of an ice cream shop wants to determine whether there is a relationship between ice cream sales and temperature. the owner collects data on temperature and sales for a random sample of 30 days and runs a regression to determine if there is a relationship between temperature (in degrees) and ice cream sales. the p-value for the two-sided hypothesis test is 0.04. how would you interpret the p-value?
1)if there is no relationship between temperature and sales, the chance of selecting a sample this extreme would be 4%.
2)if there is a relationship between temperature and sales, the chance of seeing a regression coefficient this large would be 4%.
3)there is a 4% chance that there is a relationship between temperature and revenue.
4)there is a 4% chance that there is no relationship between temperature and revenue.
Answers: 2
Chemistry, 22.06.2019 06:30, Pizzapegasus1
Three cards with holes are arranged in a straight line. a light is shined through the first card’s hole and travels through all three cards. what does this tell you about light rays? a) that light is reflected b) that light is refractive c) that light travels in a straight line d) that light does not travel in a straight line
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Chemistry, 22.06.2019 09:00, dante766
Achemist 16 drop copper metal from copper chloride solution. the chemist place is 0.50 g of aluminum foil in a solution containing 0.75 g of copper (ii) chloride. a single replacement reaction takes place. which statement explains the maximum amount of copper that the chemist can extract using this reaction?
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Chemistry, 22.06.2019 12:30, robert7248
What is the percent composition of ca(oh)2? 37.7% ca, 53.0% o, and 10.3% h 45.5% ca, 38.2% o, and 16.3% h 54.0% ca, 43.0% o, and 2.7% h 64.7% ca, 27.0% o, and 8.3% h
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The owner of an ice cream shop wants to determine whether there is a relationship between ice cream...
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