Question
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.
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