Question: Chapter 9, Section 1, Exercise 005 Computer output for fitting a simple linear model is given below. State the value of the sample slope for
Chapter 9, Section 1, Exercise 005
Computer output for fitting a simple linear model is given below. State the value of the sample slope for the given model. In testing if the slope in the population is different from zero, identify thep-value and use it (and a5% significance level) to make a clear conclusion about the effectiveness of the model.
The regression equation isY=86.5-6.93X
.
Predictor Coef SE Coef T P
Constant 86.463 4.387 19.71 0.000
X -6.9306 0.8087 -8.57 0.000
Sample slope:__________
p-value: __________
Is the model effective? Yes / No
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
