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In this Exercise 14.51, we repeat the information from Exercise 14.15.

a. Decide, at the 10%significance level, whether the data provide sufficient evidence to conclude that xis useful for predicting y:

b. Find a 90%confidence interval for the slope of the population regression line.

role="math" localid="1652333468446" x3412y450-1 role="math" localid="1652333507650" y^=-3+x

Short Answer

Expert verified

(a) The data do not give sufficient evidence to establish that the slope of the population regression line is not 0, and so the variable xis not useful for predicting the variable yat the 10%significance level.

(b) The slope of the population regression line is somewhere between localid="1652334073431" -0.26and 4.26, and we may be localid="1652334079212" 90%sure.

Step by step solution

01

Part(a) Step 1: Given Information

x3412y450-1

y^=-3+x

02

Part(a) Step 2: Explanation

Decide the null and alternate hypothesis

H0:β1=0( xis not useful for predicting y)

Hα:β1≠0( xis not useful for predicting y)

Determine the significance level α

The hypothesis test should be run at a significance threshold of 10%, or α=0.10.

Computation table

xyxyx2y2341291645201625100102-1-241∑xi=10∑yi=8∑xiyi=30∑xi2=30∑yi2=42

Sxy=∑xiyi-∑xi∑yi/n=30-(10)(8)/4=30-80/4=30-20=10

role="math" localid="1652332784970" Sxx=∑xi2-∑xi2/n=30-(10)2/4=30-100/4=30-25=5

03

Part(a) Step 3: Calculation

The entire amount of square SST is calculated as follows:

Syy=∑yi2-∑yi2/n=42-(8)2/4=42-64/4=42-16=26

SSR regression sum of squares is calculated as:

SSR=Sxy2Sxx=(10)25=1005=20

SSE=SST=SSR=26-20=6

The slope of the regression line is calculated using the formula,

b1=SxySxx=105=2

The standard error of the estimate is calculated using the formula:

se=SSEn-2=64-2=1.732050808≈1.73

04

Part(a) Step 4: Final Answer

We need to find the value of test statistic

t=b1se/sxx=21.73/5=20.77367952=2.585049685≈2.58

The test statistic's value is t=2.58, as shown above. The p-value is the likelihood of seeing a value of tof 2.58or more in magnitude if the null hypothesis is true because the test is two-tailed. We get P=0.1229by using technology.

Since the P-value =0.1229>α=0.10. We do not reject our null hypothesis H0.

05

Part(b) Step 1: Given Information

x3412y450-1

y^=-3+x

06

Part(b) Step 2: Explanation

α=0.10for a 90%confidence interval. Since n=4,

df=n-2=4-2=2

From technology ta/2=t0.10/2=t0.05=2.920

The formula for computing the confidence interval endpoints for β1is

role="math" localid="1652333749328" b1±tα/2×seSxx

We have b1=2

se=1.73,

Sxx=5,

So, 2±2.920×1.735

Or 2±2.259144199, or -0.26 to4.26

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Most popular questions from this chapter

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y
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