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

question 5

Multiple Choice

You estimate a simple linear regression model using a sample of 62 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 33.74* x
(3) 86) (9.42)
You want to test the following hypothesis: H₀: $\beta$ ₂ = 12,H1: $\beta$ ₂ ≠12.If you choose to reject the null hypothesis based on these results,what is the probability you have committed a Type I error?

• A)between .05 and .10
• B)between .01 and .025
• C)between .02 and .05
• D)It is impossible to determine without knowing the true value of \(\beta\)₂

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