The following data represent the number of flash drives sold per day at a local computer shop and their prices.
Price (x) Units Sold (y)
$34 3
36 4
32 6
35 5
30 9
38 2
40 1
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Answered! The following data represent the number of flash drives sold per day at a local computer shop and their prices….
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a. Perform an F test and determine if the price and the number of flash drives sold are related. Let α = 0.01.
b. Perform a t test and determine if the price and the number of flash drives sold are related. Let α = 0.01.
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