In: Statistics and Probability
You are testing the null hypothesis that there is no linear relationship between two variables, X and Y. From your sample of n equals 18, you determine that b1=4.2 and S Subscript b 1=1.1.
a. What is the value of t Subscript STAT?
b. At the alpha=0.05 level of significance, what are the critical values?
c. Based on your answers to (a) and (b), what statistical decision should you make?
d. Construct a 95% confidence interval estimate of the population slope, beta1.