= You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR = 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of F STAT? State the hypotheses to test. Choose the correct answer below. OA. Ho B, ≤0 H₁: B₁>0 OC. Ho B₁#0 H₁: B₁ = 0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41. (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? OA. Reject Ho. There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. OD. Reject Ho. There is evidence that there is a relationship between X and Y. OB. Ho B₁20 H₁: B₁<0 D. Ho B₁ =0 H₁ B₁0

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 26P
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What is the answer for c)
=
You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR = 80 and SSE 20. Complete parts (a) through (e) below.
a. What is the value of F STAT?
State the hypotheses to test. Choose the correct answer below.
OA. Ho B, ≤0
H₁: B₁>0
OC. Ho B₁#0
H₁: B₁ = 0
FSTAT 72 (Round to the nearest integer as needed.)
b. At the a=0.05 level of significance, what is the critical value?
The critical value is 4.41.
(Round to two decimal places as needed.)
c. Based on your answers to (a) and (b), what statistical decision should you make?
OA. Reject Ho. There is no evidence that there is a relationship between X and Y.
OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y.
OC. Do not reject Ho. There is evidence that there is a relationship between X and Y.
OD. Reject Ho. There is evidence that there is a relationship between X and Y.
OB. Ho B₁20
H₁: B₁<0
D. Ho B₁ =0
H₁ B₁0
Transcribed Image Text:= You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR = 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of F STAT? State the hypotheses to test. Choose the correct answer below. OA. Ho B, ≤0 H₁: B₁>0 OC. Ho B₁#0 H₁: B₁ = 0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41. (Round to two decimal places as needed.) c. Based on your answers to (a) and (b), what statistical decision should you make? OA. Reject Ho. There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. OD. Reject Ho. There is evidence that there is a relationship between X and Y. OB. Ho B₁20 H₁: B₁<0 D. Ho B₁ =0 H₁ B₁0
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