Question: Suppose that a 99% confidence interval for the slope parameter1in the simple linear regression model is given by (0.2,1.2) Which of the following statement is

Suppose that a 99% confidence interval for the slope parameter1in the simple linear regression model is given by (0.2,1.2) Which of the following statement is false?

(a)a point estimator of1is given byb1= 0.5

(b)if we repeatedly draw samples of the same size from the same linear regression model and construct the confidence interval by the same way, then 99% of the time, the confidence interval will contain 0.

(c)the confidence interval suggests that the independent variable and dependent variable are positively correlated among the samples and the correlation coefficientr1.

(d)the slope might be significant at 5% level

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!

2 On bank reconciliation, the adjusting entry to record the collection of notes is: Accounts receivable debit and cash credit Oa Ob Cash debit and Notes receivable credit Oc d. Accounts receivable...

\f\f1) Using the SILVERSPRING data set, develop a multiple linear regression model to predict asking price based on assessed value, size and number of bedrooms. a) Interpret the meaning of the slope...

)KELVI SANG has an advantageous TV. The TV uses two batteries and both of them are dead. Influence opens another pack of four incredible batteries and dumps them on the table. By then he opens the TV...

Final Exam MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the problem. 1) The average age of the students in a statistics class is 22...

om/courses/337235/quizzes/secured#lockdown We could use this model to predict the release rate for a tablet with surface area to volume ratio of 1.8 Since O is not in the range of the given surface...

Create charts to better understand data sets. For cross-sectional data, use a scatter chart. For time series data, use a line chart. Linear y = a + bx Logarithmic y = ln(x) Polynomial (2nd order) y =...

1. If n=15 and p=0.4, then the standard deviation of the binomial distribution is 3.6. (Ch6)(Points : 8) True False Question 2.2. If the level of confidence and sample size remain the same, a...

QUESTION 1 Which of the following descriptions of confidence interval is correct? if) A. If a 95% confidence interval contains 0. then the 90% confidence interval contains 0 CT;- 9. If a 95%...

First a confidence interval is constructed without using the finite population correction factor. Then, for the same identical data, a confidence interval is constructed using the finite population...

Presented here are two independent situations. (a) On April 2, Julie Keiser uses her KitchenMart Company credit card to purchase kitchen supply from a KitchenMart store for $1,800. On May 1, Keiser...

On October 1, 2016, Frederick Douglass Company issued a $28,000, 10%, nine-month interest-bearing note. If the company is preparing financial statements at December 31, 2016, the adjusting entry for...

Which of the following are examples of synergy? ( I . ) the increased sales of local "Target" resulting from local "Sears" going out of business ( II . ) the loss of sales of local liquor store as a...

Leapin' Larry's Pre-Owned Cars has two divisions, Operations and Financing. Operations is responsible for selling Larry's inventory as quickly as possible and purchasing cars for future sale...