Find the Slope of the Simple Regression of Y on X

question 17

Multiple Choice

Find the slope of the simple regression of Y on X.

• A)2.595
• B)1.109
• C)−2.221
• D)1.884

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Definitions:

Point Estimate

A single value (or point) estimate to summarize a likely value for a population parameter based on sample data.

Unknown Parameter

A quantity in a statistical model that needs to be estimated from the data because its value is not known a priori.

P-Value

The probability that the observed data (or a more extreme) would occur if the null hypothesis were true, used to determine the statistical significance of the observed effect.

Type I Error

A statistical error occurring when a true null hypothesis is incorrectly rejected.