Refer to Exercise 2, where we are attempting to link a companys annual R & D Budget

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Refer to Exercise 2, where we are attempting to link a company’s annual R & D Budget (x) to the number of patents granted to researchers at the company (y). The estimated regression equation turned out to be ŷ = 3.5 – 1.0x. Can we reject the null hypothesis that the population slope is 0, at the 5% significance level? Explain the implications of your answer. 
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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