Question: Questions 8 - 9 should be answered based on the information provided below: A researcher is investigating possible explanations for deaths in traffic accidents. He

Questions 8 - 9 should be answered based on the information provided below:

A researcher is investigating possible explanations for deaths in traffic accidents. He examined data from 2000 for each of the 52 cities randomly selected in the US. The data included information on the following variables:

Deaths: The number of deaths in traffic accidents per city

Income: The median income per city

As part of his study, he ran the following simple linear regression model:

Deaths = BETA 0+ BETA 1(Income)

This model was fit to the data using the method of least squares. The following results were obtained from SAS:

Questions 8 - 9 should be answered based on the information provided

Source Sum of Squares Model 711680 Error 50692661 Parameter Standard Error of Parameter Variable Estimate Estimate Constant 292.518 823.505 Income 0.05 0.06 Q8: Based on the above results. the researcher tested the hypotheses Hg ; l = 0 versus H1 : [3'1 # 0 using T test. What do we know about the test statistic of the test? What is the approximate p-value? Based on your result, what is your conclusion? Show your work for full credit

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!