Question: Slope and intercept: hypothesis tests Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -16.063 34.369 -0.467 0.646 -87.997 55.872 Sq. Ft 0.180

Slope and intercept: hypothesis tests Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -16.063 34.369 -0.467 0.646 -87.997 55.872 Sq. Ft 0.180 0.014 13.145 0.000 0.151 0.208 Does the price of a house increase by more than $140 per unit increase in square foot? Test at a = 0.01. Ho: B1 5 0.140 VS. HA: B1 > 0.140 t-stat = p-value = Conclusion: 36

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