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A Local Trucking Company Fitted a Regression to Relate the Travel

Question 73

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A local trucking company fitted a regression to relate the travel time (days) of its shipments as a function of the distance traveled (miles) .The fitted regression is Time = -7.126 + 0.0214 Distance,based on a sample of 20 shipments.The estimated standard error of the slope is 0.0053.Find the value of tcalc to test for zero slope.


A) 2.46
B) 5.02
C) 4.04
D) 3.15 A local trucking company fitted a regression to relate the travel time (days) of its shipments as a function of the distance traveled (miles) .The fitted regression is Time = -7.126 + 0.0214 Distance,based on a sample of 20 shipments.The estimated standard error of the slope is 0.0053.Find the value of t<sub>calc</sub> to test for zero slope. A)  2.46 B)  5.02 C)  4.04 D)  3.15

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