Consider the following regression results based on 40 observations. Coefficients Standard Error f Stat p-value Lower 95%
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Consider the following regression results based on 40 observations.
Coefficients Standard Error f Stat p-value Lower 95%
Upper 95%
Intercept 43.1802 12.6963 3.4010 0.0016 17.48 68.88 X \ 0.9178 0.9350 0.9816 0.3325 − 0.97 2.81
a. Specify the hypotheses to determine if the slope differs from minus one.
b. Calculate the value of the test statistic.
c. At the 5% significance level, find the critical value(s).
d. Does the slope differ from minus one? Explain.
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