Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per week for his preparations and (Y) as the weekly performance measured in a 100-point scale and based on his self-assessment. There were totally n = records. The model built by Tristan was: 28 weekly collected Ý = 10 + 7. X %3D with the standard error of estimated slope equal to SE = SE (b] = 2.8 1. At significance level, a = 0.01, is there sufficient evidence that X positively impacts Y? • Evaluate Test Statistic • Specify critical value (or values) for this procedure • State the Rejection Rule • Formulate your decision 2. Estimate the population slope (= B) with confidence level, C = 0.95 • Specify critical value (or values) for this procedure • Evaluate UCL and LCL Solution

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using
control variable (X) as number of hours per week for his preparations and (Y) as the weekly performance
measured in a 100-point scale and based on his self-assessment. There were totally n = 28 weekly collected
records. The model built by Tristan was:
Ý = 10 + 7· X
with the standard error of estimated slope equal to
SE = SE [6] = 2.8
1. At the significance level, a = 0.01, is there sufficient evidence that X positively impacts Y?
• Evaluate Test Statistic
• Specify critical value (or values) for this procedure
• State the Rejection Rule
• Formulate your decision
2. Estimate the population slope (= B) with confidence level, C = 0.95
• Specify critical value (or values) for this procedure
• Evaluate UCL and LCL
Solution
10
Transcribed Image Text:Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per week for his preparations and (Y) as the weekly performance measured in a 100-point scale and based on his self-assessment. There were totally n = 28 weekly collected records. The model built by Tristan was: Ý = 10 + 7· X with the standard error of estimated slope equal to SE = SE [6] = 2.8 1. At the significance level, a = 0.01, is there sufficient evidence that X positively impacts Y? • Evaluate Test Statistic • Specify critical value (or values) for this procedure • State the Rejection Rule • Formulate your decision 2. Estimate the population slope (= B) with confidence level, C = 0.95 • Specify critical value (or values) for this procedure • Evaluate UCL and LCL Solution 10
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