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The Following Data Are Available for a Simple Linear Regression

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The following data are available for a simple linear regression analysis attempting to link hours of training (x) to hourly output (y) . The following data are available for a simple linear regression analysis attempting to link hours of training (x)  to hourly output (y) .   In applying the least squares criterion, the slope (b)  and the intercept (a)  for the best-fitting line are b = 2.4 and a = 3.6.You are to set up a hypothesis test to determine whether you can reject the hypothesis that the population slope, β, is 0 at the 5% significance level.Report the value of the appropriate sample test statistic, t<sub>stat</sub>. A) 3.46 B) 2.12 C) 1.87 D) 2.4 E) 4.42 In applying the least squares criterion, the slope (b) and the intercept (a) for the best-fitting line are b = 2.4 and a = 3.6.You are to set up a hypothesis test to determine whether you can reject the hypothesis that the population slope, β, is 0 at the 5% significance level.Report the value of the appropriate sample test statistic, tstat.


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