Statistical software is generally used to test the significance of a regression model. The table below shows software output for a least squares regression line. Fill in the blanks with the correct answers, using the table above. Assume a significance level of 0.05. The variable "unemp" is the_______variable. The value of the slope of the regression line is_______. The slope of the regression line is not significantly different from______because the p-value is______ which is larger than 0.05.
Statistical software is generally used to test the significance of a regression model. The table below shows software output for a least squares regression line. Fill in the blanks with the correct answers, using the table above. Assume a significance level of 0.05. The variable "unemp" is the_______variable. The value of the slope of the regression line is_______. The slope of the regression line is not significantly different from______because the p-value is______ which is larger than 0.05.
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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Statistical software is generally used to test the significance of a regression model. The table below shows software output for a least squares regression line.
Fill in the blanks with the correct answers, using the table above. Assume a significance level of 0.05.
The variable "unemp" is the_______variable. The value of the slope of the regression line is_______. The slope of the regression line is not significantly different from______because the p-value is______ which is larger than 0.05.
Transcribed Image Text:The regression equation is
Change = -6.7142 - 1.0010 unemp
Predictor
Coef
SE Coef
P
Constant
-6.7142
5.4567
-1.23
0.2300
unemp
-1.0010
0.8717
-1.15
0.2617
S = 9.624
R-Sq
= 0.03%
R-Sq(adj)
= -3.7%
%3D
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