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A sample of 12 observations collected in a regression study on two variables, x(independent variable) and y(dependent variable). The sample resulted in the following data.

  1. A sample of 12 observations collected in a regression study on two variables, x(independent variable) and y(dependent variable). The sample resulted in the following data.

    SSR=77, SST=88, summation (x_i-xbar)2=23, summation (x_i-xbar)(y_i-ybar)=44.

    Calculate the t test statistics to determine whether a statistically linear relationship exists between x and y.

  2. A sample of 7 observations collected in a regression study on two variables, x(independent variable) and y(dependent variable). The sample resulted in the following data.

    SSR=24, SST=42

    Using a 0.05 level of significance, we conclude that there is a significant linear relationship between x and y. (Enter 1 if the conclusion is correct. Enter 0 if the conclusion is wrong.)

  3. A sample of 6 observations collected in a linear regression study on three variables, x_1(independent variable), x_2(independent variable) and y(dependent variable). The sample resulted in the following data.

    SSR=72, SST=88

    Calculate the F test statistics to determine whether a statistically linear relationship exists between x and y.

  4. A sample of 12 observations collected in a regression study on three variables, x_1(independent variable), x_2(independent variable) and y(dependent variable). The sample resulted in the following data.

    SSR=60, SST=86

    Calculate an unbiased estimate of the variance of the error term epsilon.

  5. A sample of 10 observations collected in a regression study on three variables, x_1(independent variable), x_2(independent variable and y(dependent variable). The sample resulted in the following data.

    SSR=26, SST=47

    Using a 0.01 level of significance, we conclude that the regression model is significant overall. (Enter 1 if the conclusion is correct. Enter 0 if the conclusion is wrong.)

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