solution


The data in the fi le Used Honda Civics come from a sample of used Honda Civics
listed for sale online in July 2006. The variables recorded are the car’s age
(calculated as 2006 minus year of manufacture) and price. Consider conducting a
simulation analysis to test whether the sample data provide strong evidence of
an association between a car’s price and age in the population in terms of the
population slope.

a. State the appropriate null and alternative hypotheses.

 b. Conduct a simulation analysis with 1,000 repetitions.
Describe how to find your p-value from your simulation results and report this
p-value.

 c. Summarize your conclusion from this simulation analysis.
Also describe the reasoning process by which your conclusion follows from your
simulation results.

 
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