Step 1: Parameter of interest: H: B1 versus H: B 70 Step 2: Test statistic: (Use by = 1.6942 12 = 2.228. (*, - 1) = 1488
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Step 1: Parameter of interest: H: B1 versus H: B 70 Step 2: Test statistic: (Use by = 1.6942 12 = 2.228. (*, - 1) = 1488
Step 1: Parameter of interest: H: B1 versus H: B 70 Step 2: Test statistic: (Use by = 1.6942 12 = 2.228. (*, - 1) = 1488.5625, and so = 20.8577) Shy (Round to four decimal places and use it to find the test statistic) to- (Round your test statistic to four decimal places) Step 3: Classical approach a (Rounded to three decimal places) Does the test statistic lie in the rejection region? (yes, no) Step 3: p-value approach D-value- (Rounded to three decimal places) What is the relationship between p-value and cr? p.value Step 5: Conclusion: Is there sufficient evidence to support the alternative hypothesis? (yes, no) (€) Using the values above construct a 95% confidence interval for the slope of the true regression line, Bi. Answer:
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