If you perform a hypothesis test on the population slope Parameter (β1) in regression analysis and...
If you perform a hypothesis test on the population slope Parameter (β1) in regression analysis and reject the Null hypothesis: Ho: β1= 0. Your conclusion would be:
A.) The least squares sample regression equation should not be used because there is not sufficient evidence of a relationship between the independent variable and the dependent variable..
B.) The least squares sample regression equation should be used
because there is
sufficient evidence of a relationship between the independent
variable and the dependent variable..
C.) The least squares sample regression equation should not be used because there is sufficient evidence of a relationship between the independent variable and the dependent variable..
D.) The least squares sample regression equation should be used because there is no evidence of a relationship between the independent variable and the dependent variable.
E.) none of these
Homework Answers
If we reject the null hypothesis then our conclusion will be:
The least squares sample regression equation should be used because there is sufficient evidence of a relationship between the independent variable and the dependent variable..
Option B is correct.
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