Use statistical software to calculate the t statistic and p value for the hypothesis tests H0 1 0 versus Ha 1 0 In addition, construct a 95 confidence interval for 1 Based on these statistics, can you conclude that the coefficient, 1, is significantly different from zero Details for calculating these statistics by hand are provided in the extended activities

Question: Use statistical software to calculate the t-statistic and p-value for the hypothesis tests H0: 1 = 0 versus Ha: 1 0. In addition, construct

Use statistical software to calculate the t-statistic and p-value for the hypothesis tests H0: β1 = 0 versus Ha: β1 ≠ 0. In addition, construct a 95% confidence interval for β1. Based on these statistics, can you conclude that the coefficient, β1, is significantly different from zero? Details for calculating these statistics by hand are provided in the extended activities.

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