Observations on years of education and hourly wages are sampled for 20 individuals and the regression wage=f(education) yields estimates B1 = 12.5, B2 = 3.7, and ô = 22.3. When doing a two-tailed hypothesis test on B2 with significance level of a = 0.01, what would the critical 1-value be? O A. 3.61 %3!
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- You read in the report of a psychology experiment: "Separate analyses for our two groups of 12 participants revealed no overall placebo effect for our student group (mean = 0.08, SD = 0.37, 4 = 0,49)and a significant effect for our nonstudent group (mean = 0.35, SD = 0.37, ¢u = 3.25, p < 0.01). 'IS The null hypothesis is that the mean effect is zero. What are the correct values of the two t statistics based on the means and standard deviations? Compare each correct talue with the critical values in Table C. What can you say about the twosided Pvalue in each case?LSU's Ag. Center wants to determine whether the mean yield for sugarcane is different this year compared to the historical avg of 8,700 lbs of sugar per acre. Thus, the null and alternative hypotheses are Ho: mu = 8,700 Ha: mu is not = to 8,700 You set out to conduct a hypothesis test at the 95% level. Mean yields are distributed Normally. You take a sample of 100 different acres. From this sample, you calculate a mean yield of 8,853 and a std deviation of 1,150. What are the bounds for the acceptance region for this hypothesis test? Group of answer choices -1.64 to 1.64 -2.58 to 2.58 -1.33 to 1.33 -1.96 and 1.96In a regression model involving 10 observations and 2 independent variables, SSR = 66 and SST = 80. The computed F-statistic for testing the significance of the above model is _____. In your answer, show one (1) digit to the right of the decimal point, for example, 1.0, 1.2. Apply the appropriate rounding rule if necessary.
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