You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR = 80 and SSE = 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test Choose the correct answer below. OA Ho B, SO H₁: B₁ = 0 OC. Ho B₁ = 0 FSTAT = H₁ B₁ = 0 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? A. Reject Ho. There is no evidence that there is a relationship between X and Y. B. Do not reject H. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. 2 d. Compute the correlation coefficient by first computing r" and assuming that b, is negative. = Γ =J 0.8000 (Round to four decimal places as needed.) (Round to four decimal places as needed.) B. Ho B₁ 20 H₁: B₁ = 0 CD. Ho B₁ =0 H₁ B₁ = 0
You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR = 80 and SSE = 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test Choose the correct answer below. OA Ho B, SO H₁: B₁ = 0 OC. Ho B₁ = 0 FSTAT = H₁ B₁ = 0 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? A. Reject Ho. There is no evidence that there is a relationship between X and Y. B. Do not reject H. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. 2 d. Compute the correlation coefficient by first computing r" and assuming that b, is negative. = Γ =J 0.8000 (Round to four decimal places as needed.) (Round to four decimal places as needed.) B. Ho B₁ 20 H₁: B₁ = 0 CD. Ho B₁ =0 H₁ B₁ = 0
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 17P: Consider the following time series: a. Construct a time series plot. What type of pattern exists in...
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