Simple regression-test whether the slope differs from zero

Reference no: EM13692426

Suppose you estimate the following simple regression

Y= 50+2.23X SSE= 22300 n= 23 (x-x(mean))^2= 2700

a) On the basis of the information provided, test whether the slope differs from zero at the 1% level of significance.

Reference no: EM13692426

Questions Cloud

What was the rationale for that decision : Do corporations have responsibility in the financial meltdown and its aftermath of recession – the most serious since the Great Depression of 1930s? Free-market capitalism dictates that markets create efficient solutions and businesses that fail shou..

Outward or inward shift in relevant demand curve for housing : The demand for housing its often described as being highly cyclical and very sensitive to housing prices and interest these characteristics describe the effect of each of the following in terms of whether it would increase or decrease the quantity de..

Economy has such a large trade deficit : Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

Simple regression-test whether the slope differs from zero : Suppose you estimate the following simple regression On the basis of the information provided, test whether the slope differs from zero at the 1% level of significance.

Explain what short is--run effect of a fiscal contraction : Explain what the short is--run effect of a fiscal contraction (lower government spending for example? What happens to the nominal wage rate during the process of moving from short-run equilibrium to long run equilibrium? What about real wage rate

What are generally accepted accounting principles : What are generally accepted accounting principles (GAAP)? Who currently develops and issues GAAP? What is the purpose of GAAP?

What would expansionary fiscal policy do : If an economy is in a recession, what would expansionary fiscal policy do?

What is total revenue : Suppose you are in charge of setting the price for commercial advertisements shown during Enemies, a top network television show. There is a 60 minute slot for the show. However, the running time for the show itself is only 30 minutes?

User Account

All Pages