Suppose (X, Y) satisfy the least squares assumptions, and, in addition, u, is N(0, of) and...
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Suppose (X, Y) satisfy the least squares assumptions, and, in addition, u, is N(0, of) and is independent of X A sample of size n 30 yields: Y = 43.2 + 61.5X, R2 = 0.54, SER = 1.52 (10.2) (7.4) where the numbers in parentheses are the homoscedastic-only standard errors for the regression coefficients. a. Construct a 95% confidence interval for Bo. b. Test H,: B, = 55 vs H, # 55 at the 5% level. c. Test Ho: B, = 55 vs H, > 55 at the 5% level. %3D Suppose (X, Y) satisfy the least squares assumptions, and, in addition, u, is N(0, of) and is independent of X A sample of size n 30 yields: Y = 43.2 + 61.5X, R2 = 0.54, SER = 1.52 (10.2) (7.4) where the numbers in parentheses are the homoscedastic-only standard errors for the regression coefficients. a. Construct a 95% confidence interval for Bo. b. Test H,: B, = 55 vs H, # 55 at the 5% level. c. Test Ho: B, = 55 vs H, > 55 at the 5% level. %3D
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Ans Standard error of b0 s0 102 Standard error of b1 s1 74 t critical at 95 ... View the full answer
Related Book For
Business Statistics in Practice
ISBN: 978-0077404741
6th edition
Authors: Bruce Bowerman, Richard O'Connell
Posted Date:
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