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Moing to another question will save this response. Question 5 of 15212 Question

ID: 1143150 • Letter: M

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Moing to another question will save this response. Question 5 of 15212 Question 5 10 points Save Answer Thirty data points on Y and X are employed to estimate the parameters in the linear relation Y a+ bX. The computer output from the regression analysis is DEPENDENT VARIABLE: Y OBSERVATIONS R-SQUARE 0.3301 PARAMETER ESTIMATE 93.54 -3.25 F-RATIO 13.79 STANDARD ERROR 46.210 0.875 P-VALUE ON F 30 VARIABLE INTERCEPT T-RATIOP-VALUE 2.02 0.0526 0.0009 (is, is not) significant at the 1% At the 1% level of significance, the p-value of the X is- level The coefficient of X ver a) Moving to another question will save this response Question 5 of 15 ere to search

Explanation / Answer

Answer

We can see from the above regression result that P value of X is 0.0009. As P value of X = 0.0009 is lesser than 0.01 hence we reject null hypothesis and hence coefficient of X = -3.25 is significant at the 1% level.

Hence

At the 1% level of significance, the p value of the X is 0.0009. The coefficient of X(= -3.25) is significant at the 1% level

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