Question: Regression Parameters Estimations Slope () -0.192 Intercept () 28.895 If my regression parameters are as listed above how do I solve for the following, What

Regression Parameters Estimations
Slope () -0.192
Intercept () 28.895

If my regression parameters are as listed above how do I solve for the following,

What is the standard error of the estimate (sese)?

1.781

1.626

105.061

What is the estimate of the standard deviation of the estimated slope (sbsb)?

1.895

0.032

0.029

Can you reject the hypothesis (at the 0.05 level of significance) that there is no relationship (i.e., =0=0) between the price and quantity variables? (Hint: t0.025,13=2.16t0.025,13=2.16)

Yes

No

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