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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Assume that x1 is a continuous variable and x2 is a dummy variable with a value of 0 or 1.
-Consider the following statistics of a multiple regression model: n = 25,K = 5,b1 = -6.31,and THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Assume that x<sub>1</sub> is a continuous variable and x<sub>2</sub> is a dummy variable with a value of 0 or 1. -Consider the following statistics of a multiple regression model: n = 25,K = 5,b<sub>1</sub> = -6.31,and = 2.98.Can we conclude at the 1% significance level that x<sub>1</sub> and y are linearly related?
= 2.98.Can we conclude at the 1% significance level that x1 and y are linearly related?

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H0 : β1 = 0, against H1 : β1 ≠ 0
t =...

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