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 H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 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? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. 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. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. 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 H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 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? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. 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. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. 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 18P: Consider the following time series:
Construct a time series plot. What type of pattern exists in...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning