Is the estimated regression slope from part (d) statistically significant? That is, can you reject the null hypothesis Ho: B₁ = 0 vs a two-sided alternative at 5% or 1% level?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
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Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.4: Logarithmic Functions
Problem 6E
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Is the estimated regression slope from part (d) statistically significant? That is, can you reject the null hypothesis Ho
B₁ =0 vs a two-sided alternative at 5% or 1% level?
Growth
0.96
R² = 0.04
Transcribed Image Text:Is the estimated regression slope from part (d) statistically significant? That is, can you reject the null hypothesis Ho B₁ =0 vs a two-sided alternative at 5% or 1% level? Growth 0.96 R² = 0.04
Growth =
0.96+1.68 Tradeshare
(0.58) (0.98)
R²
R2 = 0.045, n = 64
Transcribed Image Text:Growth = 0.96+1.68 Tradeshare (0.58) (0.98) R² R2 = 0.045, n = 64
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