Question: You collect the following data for explanatory variable A and response variable B: A(x) 1 2 3 4 5 6 7 8 9 10 You
You collect the following data for explanatory variable A and response variable B: A(x) 1 2 3 4 5 6 7 8 9 10 You calculate the following summary statistics: = 5.5, Sz = 3.03, y = 18.26, Sy = 2.85, r= .995, SEb1 = .0336. Calculate the test statistic and P-value for the significance test for Ho: B1 = 0 (knowing x is not helpful in predicting y), and Ha: 1 0 (knowing x is helpful in predicting y)
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