Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Xi 3 12 6 20 14 yi 70 40 55 5 10 (a) Compute the mean square error using equation s = MSE =_ SSE

image text in transcribed
Xi 3 12 6 20 14 yi 70 40 55 5 10 (a) Compute the mean square error using equation s = MSE =_ SSE n - 2 7. (Round your answer to two decimal places.) SSE (b) Compute the standard error of the estimate using equation s = \\ MSE = Vn - 2 . (Round your answer to three decimal places.) (c) Compute the estimated standard deviation of bj using equation sb 1 VE(X; - x)2 . (Round your answer to three decimal places.) (d) Use the t test to test the following hypotheses (a = 0.05): Ho : P1 = 0 Ha : P1 + 0 Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = State your conclusion. Reject Ho. We conclude that the relationship between x and y is significant. Do not reject Ho. We cannot conclude that the relationship between x and y is significant. Do not reject Ho. We conclude that the relationship between x and y is significant. Reject Ho. We cannot conclude that the relationship between x and y is significant. (e) Use the F test to test the hypotheses in part (d) at a 0.05 level of significance. Present the results in the analysis of variance table format. Set up the ANOVA table. (Round your values for MSE and F to two decimal places, and your p-value to three decimal places.) Source Sum Degrees Mean of Variation of Squares of Freedom Square p-value Regression Error Total Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. Do not reject Ho. We cannot conclude that the relationship between x and y is significant. Reject Ho. We cannot conclude that the relationship between x and y is significant

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Fundamentals Of Management

Authors: Ricky Griffin

10th Edition

0357517342, 978-0357517345

Students also viewed these Mathematics questions