Suppose that in Exercise 11-24 weight is measured in kg instead of lbs. (a) How will the

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Suppose that in Exercise 11-24 weight is measured in kg instead of lbs.

(a) How will the estimates of the slope and intercept change?

(b) Estimate the error standard deviation.

(c) Estimate the standard deviation of the slope.

(d) What is the value of the t-statistic for the slope? Compare your answer to the one for Exercise 11-24(c).

(e) Test the hypothesis that β1 = 0 at α = 0.05. What is the P-value for this test? Compare your answer to the one for Exercise 11-24(d). Comment briefly.

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Applied Statistics And Probability For Engineers

ISBN: 9781118539712

6th Edition

Authors: Douglas C. Montgomery, George C. Runger

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