Bob Michels owns a business in an emerging agricultural market, medicinal cannabis. He is interested in...

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Bob Michels owns a business in an emerging agricultural market,medicinal cannabis. He is interested in running a regressionanalysis with fertilizer potency as the dependent variable andmanufacturing process temperature as the predictor variable. Aftertaking a sample of 25 batches and recording these two variables,Bob developed the following results:
Potency = -8.78 + .48897 TEMP
(.0792)
S_e = 3.473 SS(total)= 737.73
Potency is the percent of maximum fertilizer potency
Temp is the temperature in degrees in Fahrenheit.
Interpret the regression coefficient.
Test whether ther is a positive linear relationship betweenpotency and Temp. Use alpha = .05
Develop the Mission ANOVA table

Answer & Explanation Solved by verified expert

3.8 Ratings (438 Votes)

Interpretation of slope coefficient For a 1 degree Fahrenheit increase in temperature we estimatethe percent of maximum fertilizer potency to increase by048897Interpretation of intercept See Answer

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