(a) What are the estimates of 0 and 1 (b) Compute the standard error, the point estimate for (c) Determine s b 1 (d) Assuming the residuals are normally distributed, test H 0 1 0 versus H 1 1 0 at the 0 05 level of significance 35 0 79 6 2 3 11 9...

a 0 b 0 3700 1 b 1 1100 b The point estimate for is ...

(a) What are the estimates of 0 and 1 ? (b) Compute the standard error,...

Question:

(a) What are the estimates of ß₀ and ß₁?
(b) Compute the standard error, the point estimate for σ.
(c) Determine s_b₁.
(d) Assuming the residuals are normally distributed, test H₀: ß₁ = 0 versus H₁: ß₁ ≠ 0 at the α = 0.05 level of significance.