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. ![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 = β<sub>0</sub> + β<sub>1</sub>Age + ε.The following table summarizes a portion of the regression results. At the 1% significance level,which of the following is the correct confidence interval of the regression coefficient β<sub>1</sub>? A) [0.0390,0.0530] B) [0.0190,0.5300] C) [0.0190,0,0530] D) [0.0390,0.5300]](https://d2lvgg3v3hfg70.cloudfront.net/TB4266/11eab0ce_30aa_9a99_a083_71b381115930_TB4266_00.jpg)
At the 1% significance level,which of the following is the correct confidence interval of the regression coefficient β1?
A) [0.0390,0.0530]
B) [0.0190,0.5300]
C) [0.0190,0,0530]
D) [0.0390,0.5300]
Correct Answer:
Verified
Correct Answer:
Verified
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