A Data Set with 7 Observations Yielded the Following

question 73

Short Answer

A data set with 7 observations yielded the following. Use the simple linear regression model.
∑X = 21.57
∑X² = 68.31
∑Y = 188.9
∑Y² = 5,140.23
∑XY = 590.83
SSE = 1.117
Find the rejection point for the t statistic (α = .05). Test H₀: β₁ ≤ 0 vs. H_a: β₁ > 0.

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Definitions:

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