For a sample of 74 monthly observations the regression of the percentage return on gold (y) against

Question:

For a sample of 74 monthly observations the regression of the percentage return on gold (y) against the percentage change in the consumer price index (x) was estimated. The sample regression line, obtained through least squares, was as follows:
y = -0.003 + 1.11x
The estimated standard deviation of the slope of the population regression line was 2.31. Test the null hypothesis that the slope of the population regression line is 0 against the alternative that the slope is positive.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

Question Posted: