Suppose you want to test whether consumption and income are linearly related using the estimates from your regression model. The standard error of the slope is 0.148. Set �=0.01. What is your conclusion? Group of answer choices Fail to reject the null hypothesis because 5.07>3.707. Reject the null hypothesis because 4.22>4.032. Reject the null hypothesis because 4.22>3.707. Reject the null hypothesis because -2.53>-4.032. thanks

Suppose you want to test whether consumption and income are linearly related using the estimates from your regression model. The standard error of the slope is 0.148. Set �=0.01. What is your conclusion? Group of answer choices Fail to reject the null hypothesis because 5.07>3.707. Reject the null hypothesis because 4.22>4.032. Reject the null hypothesis because 4.22>3.707. Reject the null hypothesis because -2.53>-4.032. thanks

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

Group of answer choices

Fail to reject the null hypothesis because 5.07>3.707.

Reject the null hypothesis because 4.22>4.032.

Reject the null hypothesis because 4.22>3.707.

Reject the null hypothesis because -2.53>-4.032.

thanks

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