In: Math
A regression analysis is conducted with 13 observations.
a. What is the df value for inference about the slope betaβ?
b. Which two t test statistic values would give a P-value of
0.05 for testing H0:β =0 against Ha: β ≠0?
c. Which t-score would you multiply the standard error by in order to find the margin of error for a
95%confidence interval for betaβ?
Answer:
Given that:
A regression analysis is conducted with 13 observations
a) What is the df value for inference about the slope betaβ?
A regression analysis is conducted with 13 observations The degrees of freedom are df =n-2 Since, here n= 13
The degrees of freedom are df = n-2
df =13-2
df = 11
A regression analysis is conducted with 13 observations.
The degrees of freedom are 11
b) Which two t test statistic values would give a P-value
of 0.05 for testing H0:β =0 against Ha: β ≠0?
For testing against the test statistic equals
Where b Is the sample slope and se denotes its standard error. Based on the t-score test statistic and the degrees of freedom, we determine the P-value From the t-Distribution Calculator, two t test statistic values with = n-2= 13 -2=11 would give a P-value of 0.05 for testing
and are
Therefore, the f test statistic values are and
c) Which t-score would you multiply the standard error by in order to find the margin of error for a 95%confidence interval for beta β?
From the t Distribution Calculator, the t-score with df = n-2 = 13-2 =11 is 2.2009.
A 95% confidence interval for has formula
Where, me= margin of error, we would multiply the standard error
by 2.2009 in order to find the margin of error for a 95% confidence
interval for
.