Suppose you fit the second-order model y = b0 + b1x + b2x2 + e to n
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Suppose you fit the second-order model y = b0 + b1x + b2x2 + e to n = 25 data points. Your estimate of b2 is bn 2 = .47, and the estimated standard error of the estimate is .15.
a. Test H0: b2 = 0 against Ha: b2 ≠ 0. Use a = .05.
b. Suppose you want to determine only whether the quadratic curve opens upward; that is, as x increases, the slope of the curve increases. Give the test statistic and the rejection region for the test for a = .05. Do the data support the theory that the slope of the curve increases as x increases? Explain.
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Related Book For
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich
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