A sample of 10 observations generated the following equation y = 100 + 20 x, given S, = 2.5. calculate the test statistic used to test for the significance of the slope, what is your conclusion given a level of significance of 0.05? Select one: a. Test statistic = 0.125, fail to reject the null hypothesis b. Test statistic = 8, fail to reject the null hypothesis 2: c. Test statistic = 8, reject the null hypothesis d. Test statistic = 0.125, reject the null hypothesis 36
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
 alt="A sample of 10 observations generated the following equation y = 100 + 20 x, given S,.
= 2.5. calculate
the test statistic used to test for the significance of the slope, what is your conclusion given a level of
significance of 0.05?
Select one:
a. Test statistic = 0.125 , fail to reject the null hypothesis
O b. Test statistic = 8, fail to reject the null hypothesis
25
c. Test statistic = 8, reject the null hypothesis
d. Test statistic 0.125, reject the null hypothesis
36
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