In: Statistics and Probability
Determine the p-value for each of the following situations. (Give your answer bounds exactly.)
(a) Ha: β1 > 0, with
n = 15 and t = 1.23
_____ < p < _____
(b) Ha: β1 ≠ 0, with
n = 25, b1 = 0.3, and
sb1 = 0.11
____ < p < _____
(c) Ha: β1 < 0, with
n = 18, b1 = -1.55, and
sb1 = 0.73
____< p < ____
(a) Ha: β1 > 0, with n =
15 and t = 1.23
_0.10____ < p < _0.15____
(b) Ha: β1 ≠ 0, with n = 25, b1
= 0.3, and sb1 = 0.11
_0.010___ < p < _0.015____
(c) Ha: β1 < 0, with n = 18,
b1 = -1.55, and sb1 = 0.73
_0.025___< p < ___0.05_
(a)
Ha: β1 > 0, with n = 15 and t = 1.23
Degrees of freedom = n - 2 = 15 - 2 = 13
One-tailed test.
From t table
1.08 < 1.23 < 1.35
converting to p-value
0.15 > p( t > 1.23) > 0.1
0.10 < p-value < 0.15
(b)
Ha: β1 ≠ 0, with n = 25, b1 = 0.3, and sb1 = 0.11
Two-tailed test.
Test statistic is t= 0.3/0.11 =2.7272
Degrees of freedom = n - 2 = 25 - 2 = 23
From t table
2.62< 2.7272 <2.81
converting to p-value
0.015 > p( t > 2.7272) > 0.010
0.01 < P-value < 0.015
c)
Ha: β1 < 0, with n = 18,
b1 = -1.55, and sb1 = 0.73
One taled test.
t=-1.55/0.73= -2.1232
Degrees of freedom = n - 2 = 18 - 2 = 16
From t table
-2.12 > -2.1232 >-2.47
converting to p-value
0.05 > p( t < - 2.1232) > 0.025
0.025 < P-value < 0.05