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In a simple linear regression based on 25 observations, it is found that b1 = 0.51...

In a simple linear regression based on 25 observations, it is found that b1 = 0.51 and se(b1) = 0.28. Consider the hypotheses: [You may find it useful to reference the t table.]

H0: β1 ≤ 0 and HA: β1 > 0.

a-1. Calculate the value of the test statistic.

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Answer #1

+-61-B1 t= Si

  0.51-0 08

=1.821

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