Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

x: 20 30 40 50 60 y: 100 97 93 83 72 (a) Use technology to find the estimates of 0 and 1. 0b0= (Round

x: 20 30 40 50 60

y: 100 97 93 83 72

(a) Use technology to find the estimates of 0 and 1.

0b0=

(Round to two decimal places asneeded.)

1b1=

(Round to two decimal places asneeded.)

(b) Use technology to compute the standarderror, the point estimate for .

se=

(Round to four decimal places asneeded.)

(c) Assuming the residuals are normallydistributed, use technology to determine sb1.

sb1=

(Round to four decimal places asneeded.)

(d) Assuming the residuals are normallydistributed, test H0:1=0 versus H1:10 at the =0.05 level of significance. Use theP-value approach.

Determine theP-value for this hypothesis test.

P-value=

(Round to three decimal places asneeded.)

Which of the following conclusions iscorrect?

A.

Reject H0 and conclude that a linear relation doesnotexist between x and y.

B.

Donotreject H0 and conclude that a linear relation doesnotexist between x and y.

C.

Donotreject H0 and conclude that a linear relation exists between x and y.

D.

Reject H0 and conclude that a linear relation exists between x and y.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Calculus

Authors: Stefan Waner, Steven Costenoble

7th Edition

1337514306, 9781337514309

More Books

Students also viewed these Mathematics questions

Question

1. Describe the power of nonverbal communication

Answered: 1 week ago