X ECON2008 QUIZ - #1.pdf Given EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5. 1) The slope of the estimated regression line to 3 decimal places is -0.715 2) The intercept of the estimated regression line to 3 decimal places is 15.459 3) The standard error of the estimate to 3 decimal places is x 4) The standard error of the slope to 3 decimal places is 1.389 x 5) The 90% confidence interval to 3 decimal places is between x and x. 6) Using alpha = 0.05, because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero. less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero. greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero. Mark 0 out of 2 The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa Given X ECON2008 QUIZ - #1.pdf Given EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5. 1) The slope of the estimated regression line to 3 decimal places is -0.715 2) The intercept of the estimated regression line to 3 decimal places is 15.459 3) The standard error of the estimate to 3 decimal places is x 4) The standard error of the slope to 3 decimal places is 1.389 x 5) The 90% confidence interval to 3 decimal places is between x and x. 6) Using alpha = 0.05, because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero. less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero. greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero. Mark 0 out of 2 The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa Given

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 10T: Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s...
Question
X
ECON2008 QUIZ - #1.pdf
Given
EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5.
1) The slope of the estimated regression line to 3 decimal places is -0.715
2) The intercept of the estimated regression line to 3 decimal places is
15.459
3) The standard error of the estimate to 3 decimal places is
x
4) The standard error of the slope to 3 decimal places is
1.389
x
5) The 90% confidence interval to 3 decimal places is between
x and
x.
6) Using alpha = 0.05, because the absolute value of the test statistic is
less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero.
less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero.
greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x
greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero.
Mark 0 out of 2
The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa
Given
Transcribed Image Text:X ECON2008 QUIZ - #1.pdf Given EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5. 1) The slope of the estimated regression line to 3 decimal places is -0.715 2) The intercept of the estimated regression line to 3 decimal places is 15.459 3) The standard error of the estimate to 3 decimal places is x 4) The standard error of the slope to 3 decimal places is 1.389 x 5) The 90% confidence interval to 3 decimal places is between x and x. 6) Using alpha = 0.05, because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero. less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero. greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero. Mark 0 out of 2 The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa Given
X
ECON2008 QUIZ - #1.pdf
Given
EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5.
1) The slope of the estimated regression line to 3 decimal places is -0.715
2) The intercept of the estimated regression line to 3 decimal places is
15.459
3) The standard error of the estimate to 3 decimal places is
x
4) The standard error of the slope to 3 decimal places is
1.389
x
5) The 90% confidence interval to 3 decimal places is between
x and
x.
6) Using alpha = 0.05, because the absolute value of the test statistic is
less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero.
less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero.
greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x
greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero.
Mark 0 out of 2
The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa
Given
Transcribed Image Text:X ECON2008 QUIZ - #1.pdf Given EX=41, EY=48, EX2=421, EY2=524, EXY = 333 and n = 5. 1) The slope of the estimated regression line to 3 decimal places is -0.715 2) The intercept of the estimated regression line to 3 decimal places is 15.459 3) The standard error of the estimate to 3 decimal places is x 4) The standard error of the slope to 3 decimal places is 1.389 x 5) The 90% confidence interval to 3 decimal places is between x and x. 6) Using alpha = 0.05, because the absolute value of the test statistic is less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equal to zero. less than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is equal to zero. greater than the absolute value of the critical value, we can reject the null hypothesis and conclude that the population slope is not equal to zero.x greater than the absolute value of the critical value, we fail to reject the null hypothesis and conclude that the population slope is equal to zero. Mark 0 out of 2 The correct answer is: less than the absolute value of the critical value, we fail to reject the null hypothesis and cannot conclude that the population slope is not equa Given
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