Use the Following Information for Questions:
a Regression Line $β_1$

Short Answer

Use the following information for questions:
A regression line relating y =grade point average to x = hours studied per week is estimated using data for n = 5 students. The estimated slope is b₁ = 0.02. The standard error of the slope is s.e.(b₁) = 0.01.
-What is the value of the test statistic for the following hypothesis test about $β_1$ , the population slope?
H₀: $β_1 = 0$
H_a: $β_1 ≠ 0$