In: Statistics and Probability
1993 winningsi = β0 + β1(average number of putts per hole)i + εi
R2 = 0.081, s = 281,000
Variable Parameter Est. Std. Err. Of Parameter Est.
Constant 7,897,179 3,023,782
Avg. Putts -4,139,198 1,698,371
Suppose that the researchers desire to test the hypothesis that there is a significant negative relationship between 1993 winnings and the average number of putts per hole.
Use a= 0.05.
Result:
1993 winningsi = β0 + β1(average number of putts per hole)i + εi
R2 = 0.081, s = 281,000
Variable Parameter Est. Std. Err. Of Parameter Est.
Constant 7,897,179 3,023,782
Avg. Putts -4,139,198 1,698,371
Suppose that the researchers desire to test the hypothesis that there is a significant negative relationship between 1993 winnings and the average number of putts per hole.
Use a= 0.05.
State H0 and Ha.
H0: β1 = 0
H1: β1 < 0
This is a lower tail test
Find the test statistic. Show work.
t = -4139198/1698371
= -2.4372
Find the p-value.
Df= 69-2=67
P value = 0.0087
Excel function used to get probability: =T.DIST(-2.4372,67,TRUE)
Make the decision to reject or not to reject the null hypothesis.
Since obtained p value 0.0087 < alpha level 0.05.
We reject the null hypothesis.
Summarize the results in terms of the original claim.
There is sufficient evidence to conclude that there is a significant negative relationship between 1993 winnings and the average number of putts per hole.