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

x 3, 4, 5, 7, 8

y 5, 7, 6, 13, 15

(a)Find the estimates of0 and 1.

0 b0 =______

1 b1 =______

(b)Compute the standarderror, the point estimate for.

se =______

(c)Assuming the residuals are normallydistributed, determinesb1.

sb1 =______

(d)Assuming the residuals are normallydistributed, testH0:1=0 versus Upper H1 : 10 at the =0.05 level of significance. Use theP-value approach.

TheP-value for this test is_______

Make a statement regarding the null hypothesis and draw a conclusion for this test. Choose the correct answer below.

A. Reject Upper H0. There is sufficient evidence at the =0.05 level of significance to conclude that a linear relation exists between x and y.

B. Reject Upper H0. There isnot sufficient evidence at the =0.05 level of significance to conclude that a linear relation exists between x and y.

C. Donotreject Upper H0. There sufficient evidence at the =0.05 level of significance to conclude that a linear relation exists between x and y.

D. Donotreject Upper H0. There is sufficient evidence at the =0.05 level of significance to conclude that a linear relation exists between x and y.