A Sociologist Wishes to Study the Relationship Between Happiness and Age

Multiple Choice

A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = β₀ + β₁Age + ε. The following table summarizes a portion of the regression results. When defining whether age is significant in explaining happiness, the competing hypotheses are ________.

A) H₀: β₁ = 1; H_A: β₁ ≠ 1
B) H₀: β₁ = 0; H_A: β₁ ≠ 0
C) H₀: β₁ ≤ 0; H_A: β₁ > 0
D) H₀: b₁ ≥ 1; H_A: β₁ < 1