b) Write the regression equation then test the hypothesis that Beta1 = 0 using a two- tail test and a 1% level of significance.Please use the below table to calculate

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Author:Amos Gilat
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b) Write the regression equation then test the hypothesis that Beta1 = 0 using a two- tail test and a 1% level of significance.Please use the below table to calculate

SUMMARY OUTPUT
Regression Statistics
Multiple R
0.34670419
R Square
0.12020379
Adjusted R Sq 0.11843713
Standard Erro 10.7247062
Observations
ANOVA
Regression
Residual
Total
df
500
SS
MS
1 7825.93495
7825.93495
498 57279.623 115.019323
499 65105.558
Coefficients Standard Error
t Stat
40.5927782 0.9448331 42.9629089
Intercept
X Variable 1 -0.4966552 0.0602105 -8.2486469
F
P-value
Significance F
68.04017551 1.4393E-15
Lower 95% Upper 95% Lower 95.0% Upper 95.0%
1.2709E-169 38.7364278 42.4491286 38.7364278 42.4491286
1.43928E-15 -0.6149531 -0.3783573 -0.6149531 -0.3783573
Transcribed Image Text:SUMMARY OUTPUT Regression Statistics Multiple R 0.34670419 R Square 0.12020379 Adjusted R Sq 0.11843713 Standard Erro 10.7247062 Observations ANOVA Regression Residual Total df 500 SS MS 1 7825.93495 7825.93495 498 57279.623 115.019323 499 65105.558 Coefficients Standard Error t Stat 40.5927782 0.9448331 42.9629089 Intercept X Variable 1 -0.4966552 0.0602105 -8.2486469 F P-value Significance F 68.04017551 1.4393E-15 Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1.2709E-169 38.7364278 42.4491286 38.7364278 42.4491286 1.43928E-15 -0.6149531 -0.3783573 -0.6149531 -0.3783573
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