Suppose the regression equation is y17905 5811X and that SS

Suppose the regression equation is y=1790.5 + 581.1X and that

SSE=85135.14; n=6; (

Calculate s_b1 [6]

Compute the test statistic to test the following hypothesis: [2]

Ho: b₁=0

Ha: b₁0

Compute the p value [3]

If =0.05, do you reject or accept Ho [1]. Explain why [1]

Solution