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4. Suppose we collected the number of hours spending in social media (X) and the number of sleeping hours (Y) per day for 37
4. Suppose we collected the number of hours spending in social media (X) and the number of sleeping hours (Y) per day for 37 college students at DePaul: Using the regression output, calculate/find following statistics. (1) point each) Source SS df Model 140 Residual | Total | 320 36 Y X cons Coef. Std. Err -1.22 8.2 .5 3.8 1) Variance of the residual (&) 2) Variance of B 3) Sample Variance of Y 4) t-statistic for , under the null hypothesis of zero. 5) If you have a friend who spends 3 hours on social media and sleeps 7 hours daily. According to the regression model, what is the predicted number of hours to sleep? What is the error(residual) for that case? 6) Suppose the p-value for the t-statistics of bl was 0.045 from the regression output. Then, show the hypothesis and perform the tests at 5% and 1% significant levels.
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