(Steps Shown) Thirty data points on Y and X are employed to estimate the parameters in the linear relation Y = a + bX . The computer output from the regression


Question: Thirty data points on Y and X are employed to estimate the parameters in the linear

relation Y = a + bX . The computer output from the regression analysis is

Dependent
Variable
Y R -Squared F - Ratio P- value on F
Observations 32 0.1911 7.0852 0.0124
Variable Parameter Estimate Standard
Error
T-Ratio P-value
Intercept 76.75 34.98 2.18 0.073
X -124.20 46.66 -2.66 0.0124
  1. The equation of the sample regression line is: = _____________.
    b. There are ____ degrees of freedom for the t-test. At the 5% level of significance, the critical t-value for the test is _____________.
    c. At the 5% level of significance, _________ (is, not) significant, and _____ (is, is not) significant.
    d. At the 2% level of significance, the critical t-value for a t-test is ______. At the 2% level of significance, _____ (is, is not) significant, and _____ (is, is not) significant.
    e. The p-value for indicates that the exact level of significance is __percent, which is the probability of _getting an outcome for _____________.
    f. At the 5% level of significance, the critical value of the F-statistic is ___. The
    model as a whole _______(is, is not) significant at the 5% level.
    g. If X equals 240, the fitted (or predicted) value of Y is ______________.
    h. The percentage of the total variation in Y that is NOT explained by the regression is _______.
    Price: $2.99
    Solution: The downloadable solution consists of 2 pages
    Deliverable: Word Document

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