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1. A local trucking company fitted a regression to relate the travel time (days) of its shipments as a function of the distance traveled (miles). The fitted regression is Time = −7.126 + 0.0214 Distance, based on a sample of 20 shipments. The estimated standard error of the slope is 0.0053. In a two-tailed test for zero slope at

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Answer #1

1)

Ho:   ß = 0
Ha:   ß ╪ 0

estimated slope=   0.0214
std error =    0.0053

t-test statistic =    t = estimated slope / std error = 0.0214/0.0053 = 4.04

so, answer is option d)4.04

please note that only one ques per post can be answered as per HOMEWORKLIB RULES

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Answer 1

1)

Ho:   ß = 0
Ha:   ß ╪ 0

estimated slope=   0.0214
std error =    0.0053

t-test statistic =    t = estimated slope / std error = 0.0214/0.0053 = 4.04

so, answer is option d)4.04

please note that only one ques per post can be answered as per HOMEWORKLIB RULES