A Manager at a Local Bank Analyzed the Relationship Between

question 56

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 + β₁ Service + 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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