Assume That the Homoskedastic Normal Regression Assumption Hold

question 3

Essay

Assume that the homoskedastic normal regression assumption hold. Using the Student t-distribution, find the critical value for the following situation:
(a)n = 28, 5% significance level, one-sided test.
(b)n = 40, 1% significance level, two-sided test.
(c)n = 10, 10% significance level, one-sided test.
(d)n = ∞, 5% significance level, two-sided test.

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Definitions:

Open Sentence

A mathematical or logical statement containing one or more variables that does not have a definitive truth value until the variables are specified.

Variable

An aspect, trait, or element that has the potential to change or differ.

Sentence

A sequence of words that is self-contained, typically featuring a subject and a verb, to deliver a statement, interrogative, exclamation, or imperative.

Variable

A factor, characteristic, or detail that can alter or shift.