what is the standard error Sb1 of the slope estimate b1 850
what is the standard error (Sb1) of the slope estimate b1 = 8500
Solution
see here you have to find these data to calculate standard error for slope..
SE = sb1 = sqrt [ (yi - i)2 / (n - 2) ] / sqrt [ (xi - x-bar)2 ]
where yi is the value of the dependent variable for observation i, i is estimated value of the dependent variable for observation i, xi is the observed value of the independent variable for observation i, x-bar is the mean of the independent variable, and n is the number of observations...
and other way , if you know t-value..
then, slope / sb1 = t......so, you can find standard error by this way too!
If you add the data reqd here, i CAN CALCULATE THEM FOR YOU!
