Question

Regression Confidence Interval

1. For the data below test the hypothesis H0: B1 = 0.5 against H1: B0 =/= 0.5 Find the value of T0. Choose the closest value.

x	y
0	4
1	6
2	-1
3	2
4	5
5	6
6	7
7	12
8	5
9	1
10	8

a. -0.5

b. -0.4

c. -0.3

d. -0.2

e. -0.1

f. 0

g. 0.1

h. 0.2

i. 0.3

j. 0.4

k. 0.5

For the data in problem 1, test the hypothesis H0: B0=3 versus H1: B0 =/= 3 Determine the T0 value associated with B0 Choose the closest value.

a. 0.0

b. 0.1

c. 0.2

d. 0.3

e. 0.4

f. 0.5

g. 0.6

h. 0.7

i. 0.8

j. 0.9

k. 1.0

What is the critical value of T0 for the 95 % level of confidence? Choose the closest value.

a. 1.5

b. 1.6

c. 1.7

d. 1.8

e. 1.9

f. 2.0

g. 2.1

h. 2.2

i. 2.3

j. 2.4

k. 2.5

Answer 1

1)

value of T0 =(b1-0.5)/std error = -0.4

option B

2)

value of To =(bo-3)/std error =0.10 option B

3)

i. 2.3