In a simple linear regression analysis attempting to link years of work experience (x) to salary (y),
Question:
In a simple linear regression analysis attempting to link years of work experience (x) to salary (y), the following output was produced. Notice that some of the entries in the table are missing.
Fill in the missing values and
a. Use an F test to determine whether we can reject a β = 0 null hypothesis at the 1% significance level.
b. Use a t test to determine whether we can reject a β = 0 null hypothesis at the 1% significance level.
Transcribed Image Text:
ANOVA df SS MS F Significance F Regression Error (Residual) Total d) 0.016 26 408.062 () 27 511250 Coeff Std Error t Stat P-value Intercept 2.144 Years of 0.450 Exper 2.128 0.175 1.008 0.323
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a SSR SST SSE 511250 408062 103188 b MSR SSRdf 1 1031881 103188 c MSE SSEdf 2 40806226 15695 d F 103...View the full answer
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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