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

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Basic Math

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)

Se = 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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