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1) You are trying to determine the statistical significance of an equation. Given the following information, test the slope of the equation at the 95% level of confidence.

Select the correct answer out of each pair of choices.

Which letters (A-H) are accurate statements based on the following formula?

Cost = - 76.25 + 114.82 (Range) n = 9 Sb1 = 17.669

a) The tp is 1.895
b) The tp is 2.365

c) The tc is 4.315
D) The tc is 6.498

e) We would reject the null hypothesis
f) would fail to reject the null hypothesis

G)We would consider using the equation
H) We would not use the equation"

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9430679

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