Question: Consider the data from Exercise 11-5 on y = sales price and x = taxes paid.(a) Test H0: B1 = 0 using the t-test; use

Consider the data from Exercise 11-5 on y = sales price and x = taxes paid.(a) Test H0: B1 = 0 using the t-test; use a = 0.05.
(b) Test H0: B1 = 0 using the analysis of variance with a = 0.05. Discuss the relationship of this test to the test from part (a).
(c) Estimate the standard errors of the slope and intercept.
(d) Test the hypothesis that B0 = 0.

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