Consider the linear regression model Y; = Bo + B1 X¡ + U¡ for each iin $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get:1,..., n withn =1,000. X; represents the annual income of individual i (measuredBin = 43.2, SE(§ „) = 10.2,Bon = 700, SE(Bom) = 7.4.Suppose that we want to test Ho : B1O against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of thefollowing is true about the p-value of this test?43.2The p-value can be computed as P(-|), where is the standard Normal CDF10.2а.b. None of the answers43.2The p-value can be computed as (-), where O is the standard Normal CDF10.2С.43.2d. The p-value can be computed as 20(--), where O is the standard Normal CDF10.2

Answered: PO,n Suppose that we want to test Ho :…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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You are conducting a study to see if the probability of catching the flu this year is significantly different from 0.34. You use a significance level of a = 0.02. Но:р - 0.34 H1:p 0.34 You obtain a sample of sizen = 216 in which there are 60 successes. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is.. O less than (or equal to) a O greater than a This test statistic leads to a decision to... O reject the null O accept the null O fail to reject the null As such, the final conclusion is that... O There is sufficient evidence to warrant rejection of the claim that the probability of catching the flu this year is different from 0.34. hp
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PO,n Suppose that we want to test Ho : B1 = 0 against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test?