The researcher also ran the following simple linear regression model: Deaths = b
ID: 3387643 • Letter: T
Question
The researcher also ran the following simple linear regression model:
Deaths = b0 + b2(Income) + ei
The following results were obtained from statistical software:
Source
Sum of Squares
df
Model
711680
1
Error
50692661
49
Variable
Coefficient
Standard Error
Constant
292.518
823.505
Income
0.050
0.060
14.
Based on the above results, the researcher tested the hypotheses H0: b2 = 0 versus Ha: b2 ¹ 0. What do we know about the P-value of the test?
A)
P-value < 0.025
B)
0.025 < P-value < 0.05
C)
0.05 < P-value < 0.10
D)
P-value > 0.10
15.
What is the value of R2 in the simple linear regression model?
A)
0.014
B)
0.020
C)
0.688
D)
0.941
Source
Sum of Squares
df
Model
711680
1
Error
50692661
49
Explanation / Answer
The researcher also ran the following simple linear regression model: Deaths = b