ΣX | ΣY | Σ(x-x̅)² | Σ(y-ȳ)² | Σ(x-x̅)(y-ȳ) | |
total sum | 227188 | 1009 | 833988537.3 | 5757.0 | 1743464.83 |
mean | 9466.17 | 42.04 | SSxx | SSyy | SSxy |
correlation coefficient , r = Sxy/√(Sx.Sy) = 0.796
moderate relation
...........
slope hypothesis test
Ho: ß1= 0
H1: ß1╪ 0
n= 24
alpha = 0.05
estimated std error of slope =Se(ß1) = Se/√Sxx =
9.798 /√ 833988537.33
= 0.0003
t stat = estimated slope/std error =ß1 /Se(ß1) =
0.0021 / 0.0003
= 6.16
Degree of freedom ,df = n-2= 22
p-value = 0.0000
decison : p-value<α , reject Ho
Conclusion: Reject Ho and conclude that slope
is significantly different from zero
..................
THANKS
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