6. Suppose we want to test, at the 5% level of significance, whether there is a linear relationship between x and y. That is we want to test the null hypothesis Ho : B1 = 0 against the alternative hypothesis Ha : B1 7 0. What is the value of the observed test statistic for this test? O 2.673 -2.673 O 1.5240 O -1.5240

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6. Suppose we want to test, at the 5% level of significance, whether there is a linear relationship between x and y. That is
we want to test the null hypothesis Ho : B1 = 0 against the alternative hypothesis Ha : B1 7 0. What is the value of the
observed test statistic for this test?
O 2.673
-2.673
1.5240
O -1.5240
Transcribed Image Text:6. Suppose we want to test, at the 5% level of significance, whether there is a linear relationship between x and y. That is we want to test the null hypothesis Ho : B1 = 0 against the alternative hypothesis Ha : B1 7 0. What is the value of the observed test statistic for this test? O 2.673 -2.673 1.5240 O -1.5240
Suppose the simple linear regression model, Y; = Bo + B1 a; + Ej, is used to explain the relationship between x and y.
A random sample of n
10 values for the explanatory variable (x) was selected and the corresponding values of the
response variable (y) were observed. The summary statistics were:
Σ.8, Συ- 10 , Σα,y 9.5,
Σ-7.4, Σ-20
Transcribed Image Text:Suppose the simple linear regression model, Y; = Bo + B1 a; + Ej, is used to explain the relationship between x and y. A random sample of n 10 values for the explanatory variable (x) was selected and the corresponding values of the response variable (y) were observed. The summary statistics were: Σ.8, Συ- 10 , Σα,y 9.5, Σ-7.4, Σ-20
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