You Estimate a Simple Linear Regression Model Using a Sample $\beta$

Multiple Choice

You estimate a simple linear regression model using a sample of 25 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 19.74 *x
(3) 86) (3.42)
You want to test the following hypothesis: H₀: $\beta$ ₂ = 1,H₁: $\beta$ ₂ >12.If you choose to reject the null hypothesis based on these results,what is the probability you have committed a Type I error?

A) between .01 and .02
B) between .02 and .05
C) less than .005
D) It is impossible to determine without knowing the true value of $\beta$ ₂