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Exhibit 15-7

Question 1

Multiple Choice

Exhibit 15-7.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates Exhibit 15-7.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates   .The following table summarizes a portion of the regression results:   Refer to Exhibit 15-7.Using the 95% confidence interval,what is the conclusion to the following hypothesis test:   ? A) At the 5% significance level,reject H<sub>0</sub> since the interval contains 0. B) At the 5% significance level,do not reject H<sub>0</sub> since the interval contains 0. C) At the 5% significance level,reject H<sub>0</sub> since the interval does not contain 0. D) At the 5% significance level,do not reject H<sub>0</sub> since the interval does not contain 0. .The following table summarizes a portion of the regression results: Exhibit 15-7.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates   .The following table summarizes a portion of the regression results:   Refer to Exhibit 15-7.Using the 95% confidence interval,what is the conclusion to the following hypothesis test:   ? A) At the 5% significance level,reject H<sub>0</sub> since the interval contains 0. B) At the 5% significance level,do not reject H<sub>0</sub> since the interval contains 0. C) At the 5% significance level,reject H<sub>0</sub> since the interval does not contain 0. D) At the 5% significance level,do not reject H<sub>0</sub> since the interval does not contain 0. Refer to Exhibit 15-7.Using the 95% confidence interval,what is the conclusion to the following hypothesis test: Exhibit 15-7.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates   .The following table summarizes a portion of the regression results:   Refer to Exhibit 15-7.Using the 95% confidence interval,what is the conclusion to the following hypothesis test:   ? A) At the 5% significance level,reject H<sub>0</sub> since the interval contains 0. B) At the 5% significance level,do not reject H<sub>0</sub> since the interval contains 0. C) At the 5% significance level,reject H<sub>0</sub> since the interval does not contain 0. D) At the 5% significance level,do not reject H<sub>0</sub> since the interval does not contain 0. ?


A) At the 5% significance level,reject H0 since the interval contains 0.
B) At the 5% significance level,do not reject H0 since the interval contains 0.
C) At the 5% significance level,reject H0 since the interval does not contain 0.
D) At the 5% significance level,do not reject H0 since the interval does not contain 0.

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