1 You may need to use the appropriate technology to answer this question.Consider the data.*1 2 6 9 13 20Y; 5 19 11 2622(a) What is the value of the standard error of the estimate? (Round your answer to three decimal places.)(b) Test for a significant relationship by using the t test. Use a = 0.05.State the null and alternative hypotheses.C Ho: B + 0H3: Bz = 0C Ho: Bị = 0C Ho: Bị z0Ha: B1 < 0C Ho: Po + 0Hạ: Po = 0C Họ: Po = 0H3: Bo # 0Find the value of the test statistic. (Round your answer to three decimal places.)Find the p-value. (Round your answer to four decimal places.)p-value =State your conclusion.Reject Ho. We conclude that the relationship between x and y is significant.Do not reject Ho: We cannot conclude that the relationship between x and y is significant.C Do not reject Ho. We conclude that the relationship between x and y is significant.C Reject Ho. We cannot conclude that the relationship between x and y is significant.(c) Use the F test to test for a significant relationship. Use a = 0.05.State the null and alternative hypotheses.C Ho: Bo + 0H3: Po = 0C Ho: Po = 0Ha: Po * 0C Ho: P1 2 0Hạ: Bz < 0C Ho: B = 0C Ho: B1 + 0Hạ: B = 0Find the value of the test statistic. (Round your answer to two decimal places.)Find the p-value. (Round your answer to three decimal places.)p-value =What is your conclusion?C Do not reject Ho. We conclude that the relationship between x and y is significant.Reject Ho. We conclude that the relationship between x and y is significant.C Reject Ho. We cannot conclude that the relationship between x and y is significant.C Do not reject Ho. We cannot conclude that the relationship between x and y is significant.

Given data, Xi 2 6 9 12 20 Yi 5 19 11 26 22

You may need to use the appropriate technology to answer this question. Consider the data. X1 2 69| 13 20 YI 5 19 11 26 22 (a) What is the value of the standard error of the estimate? (Round your answer to three decimal places.) (b) Test for a significant relationship by using the t test. Use a = 0.05. State the null and alternative hypotheses. C Ho: B, + 0 Ha: B = 0 C Họ: Bị = 0 H3: Bz # 0 %3D C Họ: Bị 2 0 Ha: B1 < 0 C Ho: Po + 0 Ha: Bo = 0 C Ho: Bo = 0 Hg: Bo #0 %3D Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = State your conclusion. C Reject Ho. We conclude that the relationship between x and y is significant. Do not reject Ho. We cannot conclude that the relationship between x and y is significant. Do not reiect H We concluude that the relationshin between x and v is significant

You may need to use the appropriate technology to answer this question. Consider the data. X1 2 69| 13 20 YI 5 19 11 26 22 (a) What is the value of the standard error of the estimate? (Round your answer to three decimal places.) (b) Test for a significant relationship by using the t test. Use a = 0.05. State the null and alternative hypotheses. C Ho: B, + 0 Ha: B = 0 C Họ: Bị = 0 H3: Bz # 0 %3D C Họ: Bị 2 0 Ha: B1 < 0 C Ho: Po + 0 Ha: Bo = 0 C Ho: Bo = 0 Hg: Bo #0 %3D Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = State your conclusion. C Reject Ho. We conclude that the relationship between x and y is significant. Do not reject Ho. We cannot conclude that the relationship between x and y is significant. Do not reiect H We concluude that the relationshin between x and v is significant

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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