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In a simple linear regression based on 30 observations, it is found that b1 = 3.74...

In a simple linear regression based on 30 observations, it is found that b1 = 3.74 and se(b1) = 1.38. Consider the hypotheses: [You may find it useful to reference the t table.] H0: β1 = 0 and HA: β1 ≠ 0.

a. Calculate the value of the test statistic. (Round your answer to 3 decimal places.)

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Answer #1

+-61-B1 t= Si

  3.74-0 1.38

= 2.710

The value of the test statistic = 2.710
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