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Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the nearest fire

Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the nearest fire station. This information will be used in setting rates for insurance coverage. For a sample of 30 claims for the last year, the director of the actuarial department determined the distance from the fire station (X) and the amount of fire damage, in thousands of dollars (Y). The MegaStat output is reported below.

ANOVA table
Source SS df MS F
Regression 1,830.5782 1 1,830.5782 41.15
Residual 1,245.4934 28 44.4819
Total 3,076.0716 29
Regression output
Variables Coefficients Std. Error t(df=28)
Intercept 14.1988 3.137 2.962
Distance-X 3.9798 8.842 6.41

State the decision rule for .01 significance level:H0:= 0;H1: 0.(Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)

RejectH0ift<________ ort>_________

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