In a Simple Linear Regression Based on 20 Observations, It $\beta$

Multiple Choice

In a simple linear regression based on 20 observations, it is found b₁ = 3.25 and se(b₁) = 1.35. Consider the hypothesis: H₀ : $\beta$ ₁ $\neq$ 0 and H_A : $\beta$ ₁ $\neq$ 0 . Calculate the value of the test statistic.

A) 2.41
B) 0.415
C) 1.42
D) 0.121