Question: If ????1 = 0.45 and ????????(????1) = 0.17 for a sample of ???? = 65 observations, determine (a) the value of ???????????????? for testing ????0

If ˆ????1 = 0.45 and ????????(ˆ????1) = 0.17 for a sample of ???? = 65 observations, determine

(a) the value of ???????????????? for testing ????0 ∶ ????1 = 0.

(b) the approximate ????-value for testing ????0 ∶ ????1 = 0.

(c) whether or not there is sufficient statistical evidence to reject ????0 ∶ ????1 = 0 at the

???? = 0.01 level.

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