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1.Suppose that the standard two-sided t test for the null hypothesis β2 = 0 results in...

1.Suppose that the standard two-sided t test for the null hypothesis β2 = 0 results in a p-value of 0.43 . What can you conclude?

a)There is not enough evidence to say that β2=0.

b)There is not enough evidence to say that β2≠0.

c)There is enough evidence to say that β2=0.

d)There is enough evidence to say that β2≠0.

2.We have a sample with means  y = 5 and x = 2. If least squares regression of y on x results in b1=1, what is the value of b2 that is found?

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TOPIC:Regression and least-square estimates.

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