Short Answer
A data set with 7 observations yielded the following. Use the simple linear regression model.
∑X = 21.57
∑X2 = 68.31
∑Y = 188.9
∑Y2 = 5,140.23
∑XY = 590.83
SSE = 1.117
Find the rejection point for the t statistic (α = .05). Test H0: β1 ≤ 0 vs. Ha: β1 > 0.
Correct Answer:
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t.05,5 = 2.015; Since our calculated t = 13.6...View Answer
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