Question: For the data set shown below, complete parts (a) through (d) below. x y 20 98 30 93 40 89 50 83 60 68 (a)Use

For the data set shown below, complete parts (a) through (d) below.

x y

20 98

30 93

40 89

50 83

60 68

(a)Use technology to find the estimates of 0 and 1.

0 b0 =

1 b1 =

(round to two decimal places)

(b) Use technology to compute the standard error, the point estimate for .

se =

(c) Assuming the residuals are normally distributed, use technology to determine sb1.

sb1=

(d) Assuming the residuals are normally distributed, test H0: 1 = 0 versus H1: 1 0 at the = 0.05 level of significance.

Use the P-value approach.

H0: 1 = 0 H1: 1 0 =

Determine the P-value for this hypothesis test.

P-value =

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!