a) What is the null hypothesis tested for the coefficient of Run Time in the regression of

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a) What is the null hypothesis tested for the coefficient of Run Time in the regression of Exercise 3?

b) What is the t-statistic corresponding to this test?

c) Why is this t-statistic negative?

d) What is the P-value corresponding to this t-statistic?

e) Complete the hypothesis test. Do you reject the null hypothesis?

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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