Data on GNP per capita and Birth Rate (births per thousand inhabitants) for a sample of 14 countries is displayed below, along with summary statistics (correlation coefficient, sample means and standard deviations for each of the variables): Please see attached pics and help respond to sub question a,b and c Question A is show as a picture b. The standard error for b is 0.0017 (correct to 4 d.p.). Using this information, calculate the t stat for the slope coefficient, b. Show all workings. c. Use the T tableto find the P Value (the probability of having a T stat value as extreme as yours). Using a significance test of 0.05, state the null hypothesis, and form a conclusion about the findings of the regression.
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Data on GNP per capita and Birth Rate (births per thousand inhabitants) for a sample
of 14 countries is displayed below, along with summary statistics (
coefficient
Please see attached pics and help respond to sub question a,b and c
Question A is show as a picture
b. The standard error for b is 0.0017 (correct to 4 d.p.). Using this information,
calculate the t stat for the slope coefficient, b. Show all workings.
c. Use the T tableto find the P Value (the probability of
having a T stat value as extreme as yours). Using a significance test of 0.05, state the
null hypothesis, and form a conclusion about the findings of the regression.
Thank you
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