In a simple linear regression based on 24 observations, it is found that b1 = 0.59 and se(61) = 0.21. Consider the hypot

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In A Simple Linear Regression Based On 24 Observations It Is Found That B1 0 59 And Se 61 0 21 Consider The Hypot 1 (41.79 KiB) Viewed 35 times

In a simple linear regression based on 24 observations, it is found that b1 = 0.59 and se(61) = 0.21. Consider the hypotheses: [You may find it useful to reference the t table.] HO: 61 3 0 and HA: 61 > 0. a-1. Calculate the value of the test statistic. (Round your answer to 3 decimal places.) Test statistic a-2. Find the p-value. O p-value > 0.10 O 0.05 s p-value < 0.10 O 0.025 s p-value < 0.05 O p-value < 0.01 O 0.01 s p-value < 0.025 b. At the 5% significance level, what is the conclusion to the test? O Do not reject Ho, we may not conclude the explanatory variable does has a positive effect on y. Do not reject He; we may conclude the explanatory variable has a positive effect on y. O Reject Ho; we may not conclude the explanatory variable does has a positive effect on y. O Reject Ho; we may conclude the explanatory variable has a positive effect on y.