Question: 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
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 the-value and use it (and a5%significance level) to make a clear conclusion about the effectiveness of the model.
The regression equation is: Y=85.0-0.016X
Predictor Coef SE Coef T P
Constant 85.01 12.20 6.97 0.0000
X -0.01597 0.01331 -1.20 0.245
Sample slope:
P value:
Is the model effective?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
