Question: Decision Rule: If the calculated p value is less than .05, you will reject the null hypothesis; if this is not the case, you will


Decision Rule: If the calculated p value is less than .05, you will reject the null hypothesis; if this is not the case, you will fail to reject the null hypothesis. The calculated p value is .023. The slope is calculated to be 2.223 Part I: (5 pts) . What is the hypothesis decision rule (reject the null hypothesis or fail to reject the null hypothesis)? - Is this finding statistically significant? - Interpret the results in a formal conclusion/what does this mean? - Interpret the slope. - What is the chance of error (type and percentage)? Same problem as above. You decide to do a Bivariate Ordinary Least Squares Hypothesis Test. The alpha level is set at .05
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