A Manager at a Local Bank Analyzed the Relationship Between

question 69

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary (y, in $) and length of service (x, measured in months) for 30 employees. She estimates the following model: Salary = β₀ + β₁Service + ε. The following table summarizes a portion of the regression results. Using the 95% confidence interval, which of the following is the conclusion to the following hypothesis test: H₀: β₀ = 0; H_A: β₀ ≠ 0?

• A) At the 5% significance level, reject H₀ because the interval contains 0.
• B) At the 5% significance level, do not reject H₀ because the interval contains 0.
• C) At the 5% significance level, reject H₀ because the interval does not contain 0.
• D) At the 5% significance level, do not reject H₀ because the interval does not contain 0.

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Definitions:

Infants

Very young children or babies, typically those under one year of age.

Sex Chromosome

The chromosome involved in determining the genetic sex of an organism, typically one of two kinds: X or Y in many species including humans.

Chromosomal Abnormality

A genetic condition that results from an alteration in the number or structural arrangement of chromosomes.

Differentiate

To recognize or ascertain what makes (someone or something) different.