Verifying value of t for the independent variable

Reference no: EM1318645

Q1)a) What is meant by Predicted Regression Equation?

b) Is slope (b₁) significant? How do you know? Describe. Test Hypothsis to show your answer.

c) Verify value of t for the independent Variable, using formula. (That is, using formula in the Formula Sheet compute the t statistic , given data provided in the print out).

d) Verify value of r², by using the formula (In other word, CALCULATE r²). Table in next page below:

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.494773102
R Square	0.244800422
Adjusted R Square	0.176145915
Standard Error	6.736122628
Observations	13
ANOVA
	df	SS	MS	F	*Significance F*
Regression	1	161.7942483	161.7942	3.565686	0.085628
Residual	11	499.1288286	45.37535
Total	12	660.9230769
	*Coefficients*	Standard Error	t Stat	P-value
Intercept	15.77804985	2.074123756	7.607092	1.05E-05
X	-0.105811713	0.056035363	-1.8883	0.085628

Reference no: EM1318645

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