In: Statistics and Probability
Suppose that a researcher, using data on class size (CS) and average test scores from 100 third-grade classes, estimates the OLS regression.
TestScore = 515.1960 + (-5.7618) x CS, R^2 = 0.11, SER = 11.4
(20.1960) (2.3426)
1. The p-value for the two-sided test for the null hypothesis H0 : B1 = 0 is ? (Round to four decimal places)
2. The p-value for the two-sided test of the null hypothesis H0 : B1 = -5.5 ? (Round to four decimal places)
3. The 99% confidence interval for B0 is (___,___)? (Round to one decimal place)
Suppose that a researcher, using data on class size (CS) and average test scores from 100 third-grade classes, estimates the OLS regression.
TestScore = 515.1960 + (-5.7618) x CS, R^2 = 0.11, SER = 11.4
(20.1960) (2.3426)
1. The p-value for the two-sided test for the null hypothesis H0 : B1 = 0 is ?
Answer : 0.0157
2. The p-value for the two-sided test of the null hypothesis H0 : B1 = -5.5 ?
Answer : 0.9118
3. The 99% confidence interval for B0 is (___,___)? (Round to one decimal place
Answer : lower bound = 462.1
and upper bound = 568.2