In a simple linear regression based on 30 observations, it is found that b1 7 2 and Consider the hypotheses H0 1 lOandHA 1 10 a Calculate the value of the appropriate test statistic b At the 5 significance level, what is the critical value(s) c What is the conclusion to the test ...

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In a simple linear regression based on 30 observations, it is found that b1 = 7.2 and

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In a simple linear regression based on 30 observations, it is found that b1 = 7.2 and Consider the hypotheses:

H0: β1 ≥ lOandHA:β1 < 10.

a. Calculate the value of the appropriate test statistic.

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

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 30 observations, it is found that b1 = 7.2 and

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Business Statistics Communicating With Numbers

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