Miniature horses are a special breed of very very small horse. A minuature horse breeder is interested in the relationship between the size (height) of a miniature horse and the price it sells for. She decides to fit the simple linear regression model:E(y) = β0 + β1xwhere y = selling price of miniature horse (in $) and x = height of horse (cm).What set of hypotheses would you test to determine whether selling price is linearly related to height of miniature horse?Select one:a.H0: β0 > 0, Ha: β0 = 0b.H0: β1 ≠ 0, Ha: β1 = 0c.H0: β1 = 0, Ha: β1 ≠ 0d.H0: β0 = 0, Ha: β0 ≠ 0

Answered: What set of hypotheses would you test…

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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Miniature horses are a special breed of very very small horse. A minuature horse breeder is interested in the relationship between the size (height) of a miniature horse and the price it sells for. She decides to fit the simple linear regression model:

E(y) = β₀ + β₁x

where y = selling price of miniature horse (in $) and x = height of horse (cm).

What set of hypotheses would you test to determine whether selling price is linearly related to height of miniature horse?

Select one:

a.H₀: β₀ > 0, H_a: β₀ = 0

b.H₀: β₁ ≠ 0, H_a: β₁ = 0

c.H₀: β₁ = 0, H_a: β₁ ≠ 0

d.H₀: β₀ = 0, H_a: β₀ ≠ 0

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