Statistical software is generally used to test the significance of a regression model. The table below shows software output for a least squares regression line. Fill in the blanks with the correct answers, using the table above. Assume a significance level of 0.05. The variable "unemp" is the_______variable. The value of the slope of the regression line is_______. The slope of the regression line is not significantly different from______because the p-value is______ which is larger than 0.05.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 44RE
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Statistical software is generally used to test the significance of a regression model. The table below shows software output for a least squares regression line.

Fill in the blanks with the correct answers, using the table above. Assume a significance level of 0.05.

The variable "unemp" is the_______variable. The value of the slope of the regression line is_______. The slope of the regression line is not significantly different from______because the p-value is______ which is larger than 0.05.

The regression equation is
Change = -6.7142 - 1.0010 unemp
Predictor
Coef
SE Coef
P
Constant
-6.7142
5.4567
-1.23
0.2300
unemp
-1.0010
0.8717
-1.15
0.2617
S = 9.624
R-Sq
= 0.03%
R-Sq(adj)
= -3.7%
%3D
Transcribed Image Text:The regression equation is Change = -6.7142 - 1.0010 unemp Predictor Coef SE Coef P Constant -6.7142 5.4567 -1.23 0.2300 unemp -1.0010 0.8717 -1.15 0.2617 S = 9.624 R-Sq = 0.03% R-Sq(adj) = -3.7% %3D
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