# Question: For a sample of 74 monthly observations the regression of

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.

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.

## Answer to relevant Questions

Abdul Hassan, president of Floor Coverings Unlimited, has asked you to study the relationship between market price and the tons of rugs supplied by his competitor, Best Floor, Inc. He supplies you with the following ...Given the following pairs of (x, y) observations, compute the sample correlation. a. (2, 5), (5, 8), (3, 7), (1, 2), (8, 15) b. (7, 5), (10, 8), (8, 7), (6, 2), (13, 15) c. (12, 4), (15, 6), (16, 5), (21, 8), (14, 6) d. (2, ...The accompanying table and the data file Dow Jones show percentage changes (xi) in the Dow Jones index over the first five trading days of each of 13 years and also the corresponding percentage changes (yi) in the index over ...Frank Anscombe, senior research executive, has asked you to analyze the following four linear models using data contained in the data file Anscombe: Y1 = β0 + β1X1 Y2 = β0 + β1X2 Y3 = β0 + β1X3 Y4 = β0 + β1X4 Use ...For a sample of 306 students in a basic business statistics course, the sample regression line y = 58.813 + 0.2875x was obtained. Here, y = final student score at the end of the course x = score on a diagnostic statistics ...Post your question