You Estimate a Simple Linear Regression Model Using a Sample $\beta$

question 10

Multiple Choice

You estimate a simple linear regression model using a sample of 25 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 19.74* x
(3) 86) (3.42)
What are the endpoints of the interval estimator for $\beta$ ₂ with a 98% interval estimate?

• A)(-5.77,25.51)
• B)( 16.32 ,23.16)
• C)(11.19,28.29)
• D)(12.90,26.58)

---

Definitions:

Communal

Pertaining to or shared by members of a community or group.

Altruistic

The quality of unselfishly caring for the welfare of others, often at a personal cost.

Mutual

Pertaining to a shared feeling, relationship, or responsibility between two or more parties.

Exchange

The act of giving one thing and receiving another in return.