Question: Twenty-four observations were used to estimate y = 0 + 1x + . A portion of the Excel results is as follows: a. What is

Twenty-four observations were used to estimate y = Î²0 + Î²1x + . A portion of the Excel results is as follows:

a. What is the point estimate for Î²1? Interpret this value.
b. What is the sample regression equation?
c. What is the predicted value for y if x = 2? If x =-2?

Coefficients Standard Error Stat p-value 0.95 0.3515 -0.53 0.6017 Intercept 2.25 2.36 -0.16 0.30

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