In a simple linear regression based on 25 observations, it is found that b1 0 5 and Consider the hypotheses H0 1 0 and HA 1, 0 a Calculate the value of the appropriate test statistic b At the 5 significance level, what is the critical value c What is the conclusion to the test ...

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In a simple linear regression based on 25 observations, it is found that b1 = 0.5 and

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In a simple linear regression based on 25 observations, it is found that b1 = 0.5 and Consider the hypotheses:

H0: β1 ≤ 0 and HA: β1, > 0.

a. Calculate the value of the appropriate test statistic.

b. At the 5% significance level, what is the critical value?

c. What is the conclusion to the test?

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 27, 2024 07:00 AM

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In a simple linear regression based on 25 observations, it is found that b1 = 0.5 and

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Business Statistics Communicating With Numbers

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