Statistics

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 t-statistic.
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 F-statistic. Is the equation significant at the 1% level? Make sure you
state the null and alternative hypotheses. Use the p-value approach.

a) Ho:b1=0
ha:b1 cant equal 0

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