Question

P-values (0.00) (0.00) P-value for F = 0.00 a) Interpret the intercept and the clope Show the estimated regression equation i

Please answer questions 4 and 5 only !!!
thank you

the data from quest 3 is:
3. Consider the following regression models: DUR - B. - B2Y + U. (1) Population regression model DUR = b; + b2 Yi+e (2) sampl
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Answer #1

4)
a)
p-value of slope = 0.00

if p-value < alpha, we reject the null hypothesis
if p-value > alpha, we fail to reject the null hypothesis

since p-value < alpha, we reject the null hypothesis


b)
TS = b0^/se(b0^)
= -33716/1204.31    {Standard error has been incorrectly printed, it is exchanged}
= -27.996

critical value = -1.96

since |TS| = 27.996 > 1.96
we reject the null hypothesis
hence intercept is statistically significant

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