Statistics
posted by Jordon .
consider b1=100 and b0=5, this gives us the estimated regression equation of y=100x+5
Find the estimated standard deviation of b1 and the corresponding tstatistic.
a.)At the 1% level of significance, can you reject the null hypothesis? Make sure you state
the null and alternative hypotheses.
b.)Find the Fstatistic. Is the equation significant at the 1% level? Make sure you
state the null and alternative hypotheses. Use the pvalue approach.
my answers:
a) Ho:b1=0
ha:b1 cant equal 0
not sure how to do the rest of the question, please help
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consider b1=100 and b0=5, this gives us the estimated regression equation of y=100x+5 Find the estimated standard deviation of b1 and the corresponding tstatistic. a.)At the 1% level of significance, can you reject the null hypothesis?