Refer to Exercise 3 where we are trying to link mortgage interest rate (x) to home sales

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Refer to Exercise 3 where we are trying to link mortgage interest rate (x) to home sales (y). The estimated regression equation there was ŷ = 90 – 4x. Can we reject the null hypothesis that the population slope, is 0 at the 1% significance level? Explain the implications of your answer.
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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