Question: Do a two tailed t test for zero slope for each
Do a two-tailed t test for zero slope for each predictor coefficient at α = .05. State the degrees of freedom and look up the critical value in Appendix D (or from Excel).
Answer to relevant Questions(a) Which p-values indicate predictor significance at α = .05? (b) Do the p-values support the conclusions you reached from the t tests? (c) Do you prefer the t test or the p-value approach? Why? If you did not already do so, request leverage statistics. Are any observations influential? Explain. Using test data on 20 types of laundry detergent, an analyst fitted a regression to predict Cost- PerLoad (average cost per load in cents per load) using binary predictors TopLoad (1 if washer is a top-loading model, 0 ...Refer to the ANOVA table below. (a) State the degrees of freedom for the F test for overall significance. (b) Use Appendix F to look up the critical value of F for α = .05. (c) Calculate 2 the F statistic. Is the ...For each of the following tted trends, make a prediction for period t = 17: a. yt = 2286 e.076t b. yt = 1149 + 12.78t c. yt = 501 + 18.2t – 7.1t2
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