Question
Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per
Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per week for his preparations and (Y ) as the weekly performance measured in a 100-point scale. There were totally n = 13 records combining his ten homework scores and three exam grades. The model built by Tristan was:
Y = 10 + 7 X
with the standard error of estimated slope equal to
SE = SE [b] = 2.5
1. At the significance level, = 0.01, is there sufficient evidence that X positively impacts Y ?
- Evaluate Test Statistic
- Specify critical value (or values) for this procedure
- State the Rejection Rule
- Formulate your decision
2. Estimate the population slope (= ) with confidence level, C = 0.99
- Specify critical value (or values) for this procedure
- Evaluate UCL and LCL
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