In this regression, which test statistic would you use to test the null hypothesis that the regression function is linear against the alternative that it is cubic? If the value of that statistic is 37.7 with associated p-value 0.0001, what would your conclusion be?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 1SE: Can the average rate of change of a function be constant?
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 In this regression, which test statistic would you use to test the null
hypothesis that the regression function is linear against the alternative
that it is cubic? If the value of that statistic is 37.7 with associated
p-value 0.0001, what would your conclusion be?

The estimated cubic regression function relating income to test scores is
Test Score = 600.1+5.02Income - 0.096Income² +0.00069Income³.
(5.1) (0.71)
(0.029)
(0.00035)
Transcribed Image Text:The estimated cubic regression function relating income to test scores is Test Score = 600.1+5.02Income - 0.096Income² +0.00069Income³. (5.1) (0.71) (0.029) (0.00035)
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