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- Regression with one Regressor
The following equation is the sample regression line and numbers in the parentheses are the standard errors for coefficients.
= 5.40 + 3.74 X , 2 = 0.26, = 6.2
(3.1) (2.0)
- Interpret the meaning of 0and 1.
- Construct the Z statistics to calculate the P-value to test the 0: 1= 1 vs. 1 1 at the 5% level? Can we reject the null hypothesis?
- Construct a 90% confidence interval for 1.
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