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Use the Given Set of Points to
A) (xxˉ)2\sum ( x - \bar { x } ) ^ { 2 }

Question 20

Short Answer

Use the given set of points to
a). Compute b1.
b). Compute the residual standard deviation se.
c). Compute the sum of squares for x, (xxˉ)2\sum ( x - \bar { x } ) ^ { 2 }
d). Compute the standard error of b1, sb.
e). Find the critical value for a 95% confidence interval for β1\beta_1
f). Compute the margin of error for a 95% confidence interval for β1\beta_1
g). Construct a 95% confidence interval for β1\beta _ { 1 }
h). Test the null hypothesis H0:β1=0H _ { 0 } : \beta _ { 1 } = 0 versus H1:β10H _ { 1 } : \beta _ { 1 } \neq 0 Use the aa =0.05 level of significance.

x8111513681213y2327373317202936\begin{array} { c | c c c c c c c c } x & 8 & 11 & 15 & 13 & 6 & 8 & 12 & 13 \\\hline y & 23 & 27 & 37 & 33 & 17 & 20 & 29 & 36\end{array}

Correct Answer:

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a). 2.3185
b). 1.7631
c). 67.5...

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