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A Manager at a Local Bank Analyzed the Relationship Between

Question 72

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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 model: Salary = β0 + β1 Service + ε.The following table summarizes a portion of the regression results. 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 model: Salary = β<sub>0</sub> + β<sub>1</sub> Service + ε.The following table summarizes a portion of the regression results. Which of the hypotheses will determine whether the slope differs from zero? A) H<sub>0</sub>:β<sub>0</sub> = 0;H<sub>A</sub>: β<sub>0</sub> ≠ 0 B) H<sub>0</sub>:β<sub>1</sub> = 0;H<sub>A</sub>: β<sub>1</sub> ≠ 0 C) H<sub>0</sub>:b<sub>0</sub> = 0;H<sub>A</sub>: b<sub>0</sub> ≠ 0 D) H<sub>0</sub>:b<sub>1</sub> = 0;H<sub>A</sub>: b<sub>1</sub> ≠ 0 Which of the hypotheses will determine whether the slope differs from zero?


A) H0:β0 = 0;HA: β0 ≠ 0
B) H0:β1 = 0;HA: β1 ≠ 0
C) H0:b0 = 0;HA: b0 ≠ 0
D) H0:b1 = 0;HA: b1 ≠ 0

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