Question: Below is additional output from the aircraft inspection analysis in Exercise 40. a. Calculate the missing t stat value and use it to deter-mine whether

Below is additional output from the aircraft inspection analysis in Exercise 40.

Standard Coeff Errr Stat p-value Intercept 2 4594 5.158 price 324

a. Calculate the missing t stat value and use it to deter-mine whether we can reject a β = 0 null hypothesis at the 5% significance level. 

b. Compare the t stat value that you computed in part a to the F value in Exercise 40. What is the general relationship between these two values?

Standard Coeff Errr Stat p-value Intercept 2 4594 5.158 price 324

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