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 =
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