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