Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6-3 WileyPLUS: Module Six Homework Question 13 of 14 6-3 WileyPLUS: Module Six Homework Question 13 of 14 View Policies Current Attempt in Progress -
6-3 WileyPLUS: Module Six Homework Question 13 of 14 View Policies Current Attempt in Progress - / 2.5 Computer output for fitting a simple linear model is given below. State the value of the sample slope for the given model. In testing if the slope in the population is different from zero, identify the p-value and use it (and a 5 % significance level) to make a clear conclusion about the effectiveness of the model. The regression equation is Y 86.5 7.24X. Predictor Constant x Coef 86.483 -7.2371 SECoef 4.388 0.8445 19.71 -8.57 p 0.000 0.000 Sample slope: p-value: Is the model effective? eTextbook and Media Hint Save for Later Attempts: O of 3 used Submit Answer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started