Question: Refer to Exercise 5 where we are trying to link

Refer to Exercise 5, where we are trying to link the unemployment rate (x) to the consumer confidence index (y). The estimated regression equation there was ˆy =162 – 12x. Can we reject the hypothesis that the population slope, , is 0 at the 5% significance level? Explain the implications of your answer.



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  • CreatedJuly 16, 2015
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