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Suppose a simple linear regression analysis provides the following results: b 0 = 8.0, b 1 = 14.0, s b 0 = 1.0, s b 1 = 4.0, SST = 67.36, SSE = 52.0...
using a 10% level of significance.
State the decision rule.
Reject H0 if p < 0.05.Do not reject H0 if p ≥ 0.05.Reject H0 if p < 0.10.Do not reject H0 if p ≥ 0.10.Reject H0 if p > 0.10.Do not reject H0 if p ≤ 0.10.Reject H0 if p > 0.05.Do not reject H0 if p ≤ 0.05.State the test statistict. (Round your answer to two decimal places.)
t=
3.500
State thepvalue. (Round your answer to four decimal places.)
pvalue = ?
State your decision.
Reject the null hypothesis. There appears to be a linear relationship between x and y.Do not reject the null hypothesis. There appears to be a linear relationship between x and y.Reject the null hypothesis. There does not appear to be a linear relationship between x and y.Do not reject the null hypothesis. There does not appear to be a linear relationship between x and y.(b) What proportion of the variation inyis explained byx? (Enter your answer as a proportion and round your answer to four decimal places.)
R2=
(c) What is the typical sized error of prediction for this model? (Enter your answer to three decimal places.)