For the data set shown below, complete parts (a) through () below. (a) Find the
ID: 3431217 • Letter: F
Question
For the data set shown below, complete parts (a) through () below. (a) Find the estimates of and . (b) Compute the standard error, the point estimate fore. (c) Assuming the residuals are normally distributed, determine (d) Assuming the residuals are normally distributed, test H:p, :0 versus at the: the level of significance. Use the P-value approach. The P-value for this test is Make a statement regarding the null hypothesis and draw a conclusion for this test. Choose the correct answer below. () A. Reject H0. There is sufficient evidence at the :0.05 level of significance to conclude that a linear relation exists between x and y. B. Reject H0. There is not sufficient evidence at the a :0.05 level of significance to conclude that a linear relation exists between x and y. C. Do not reject H0. There is not sufficient evidence at the: 0.05 level of significance to conclude that a linear relation exists between x and y. D. Do not reject H0. There is sufficient evidence at the : 0.05 level of significance to conclude that a linear relation exists between x and y.Explanation / Answer
(a) b0=-2.640
b1=2.0814
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(b) Se= 0.4782
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(c)Sb1= 0.1153
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(d) The p-value= 0.000
Answer: A
Regression output confidence interval variables coefficients std. error t (df=3) p-value 95% lower 95% upper Intercept -2.6395 0.6584 -4.009 .0278 -4.7347 -0.5444 x 2.0814 0.1153 18.051 .0004 1.7144 2.4484