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For a simple regression model, a hypothesis test was performed for significance of slope using a t-test. Using the observed t-statistic, a p- value of
For a simple regression model, a hypothesis test was performed for significance of slope using a t-test. Using the observed t-statistic, a p- value of 0.009 was computed. You have chosen a significance level of = 0.01 for the test.
For each of the statements below, state if you think they are True or False or Cannot be Determined.Please explain your answer
- There is not strong evidence against the null hypothesis that the slope is zero.
- Under the null being true, there's a 0.009 chance of observing a t-statistic this extreme or more extreme.
- There is a 0.009 probability that the slope is non-zero.
- You reject the null hypothesis that the slope is zero.
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