52 Consider the following pairs of observations a. Construct a scatterplot of the data. b. Use the...
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52 Consider the following pairs of observations
a. Construct a scatterplot of the data.
b. Use the method of least squares to fit a straight line to the seven data points in the table.
c. Plot the least squares line on your scatterplot of part a .
d. Specify the null and alternative hypotheses you would use to test whether the data provide sufficient evidence to indicate that x contributes information for the (linear)
prediction of y .
e. What is the test statistic that should be used in conducting the hypothesis test of part d ? Specify the number of degrees of freedom associated with the test statistic.
f. Conduct the hypothesis test of part d , using a = .05.
g. Construct a 95% confidence interval for b1.
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