Question: For the data set shownbelow, complete parts(a) through(d) below. x 3, 4, 5, 7, 8 y 3, 6, 7, 12, 15 (a) Find the estimates

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

x 3, 4, 5, 7, 8

y 3, 6, 7, 12, 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_______

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