Question: Consider the following regression results based on 40 observations. a. Specify the hypotheses to determine if the slope differs from minus one. b. At the
Consider the following regression results based on 40 observations.
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a. Specify the hypotheses to determine if the slope differs from minus one.
b. At the 5% significance level, find the critical value(s).
c. Calculate the value of the test statistic.
d. Does the slope differ from minus one?Explain.
Standard Lower Upper Coefficients Error tStat p-value 95% 95% Intercept 43.1802 12.6963 34010 0.0016 17.48 68.88 0.9178 0.9350 0.9816 0.33250.97 2.81 x1
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