The managing partner of an advertising agency believes that his company's sales are related to the

industry sales. He analyzed the last 4 years of quarterly data (n = 16) and estimated the simple

linear regression equation as Y = 3.962+0.044X, where Y is the fitted industry sales and X is the

company sales. The standard error of the slope estimate is 0.009. To test: B1 = 0 against : B1 7 0,

the t-test statistic is