Question: A simple linear regression is performed on 20 data pairs (xj, yi. It is found that ^1 = 54.87 and s.e. (^1) = 21.20. Is

A simple linear regression is performed on 20 data pairs (xj, yi. It is found that β^1 = 54.87 and s.e. (β^1) = 21.20. Is the p-value for the two-sided hypothesis test of H0: β1 = 0 (a) greater than 10%, (b) between 1% and 10%,or(c) less than 1%?

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