Question

In: Statistics and Probability

(a) What is the value of the standard error of the estimate?

Consider the data.

xi

2 6 9 13 20

yi

6 19 10 25 23

(a)

What is the value of the standard error of the estimate? (Round your answer to three decimal places.)

(b)

Test for a significant relationship by using the t test. Use α = 0.05.

State the null and alternative hypotheses.

H0: β1 = 0
Ha: β1 ≠ 0H0: β0 = 0
Ha: β0 ≠ 0    H0: β1 ≠ 0
Ha: β1 = 0H0: β0 ≠ 0
Ha: β0 = 0H0: β1 ≥ 0
Ha: β1 < 0

Find the value of the test statistic. (Round your answer to three decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

Reject H0. We conclude that the relationship between x and y is significant.Do not reject H0. We cannot conclude that the relationship between x and y is significant.     Do not reject H0. We conclude that the relationship between x and y is significant.Reject H0. We cannot conclude that the relationship between x and y is significant.

(c)

Use the F test to test for a significant relationship. Use α = 0.05.

State the null and alternative hypotheses.

H0: β0 = 0
Ha: β0 ≠ 0H0: β1 = 0
Ha: β1 ≠ 0    H0: β0 ≠ 0
Ha: β0 = 0H0: β1 ≠ 0
Ha: β1 = 0H0: β1 ≥ 0
Ha: β1 < 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

What is your conclusion?

Reject H0. We cannot conclude that the relationship between x and y is significant.Do not reject H0. We conclude that the relationship between x and y is significant.    Reject H0. We conclude that the relationship between x and y is significant.Do not reject H0. We cannot conclude that the relationship between x and y is significant.

Solutions

Expert Solution

The statistical software output for this problem is:

Hence,

a) Standard error = 6.306

b) Hypotheses: H0: β1 = 0
Ha: β1 ≠ 0

Test statistic = 1.967

p - Value = 0.1438

Conclusion: Do not reject H0. We cannot conclude that the relationship between x and y is significant.

c) Hypotheses: H0: β1 = 0
Ha: β1 ≠ 0

Test statistic = 3.87

p - Value = 0.1438

Conclusion: Do not reject H0. We cannot conclude that the relationship between x and y is significant.


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