Question

$E(y) = \beta_0 + \beta_1 x$. $\hat{y} = 2,700 + 20x$, $s = 65$, 2-tailed $p-value = .064$ (for testing $\beta_1$)

Name: ey beta0 beta1 x haty 2700 20x s 65 2 tailed p value 064 for testing beta1 24049
Uploaded: 2025-03-26T23:20:32-08:00
Duration: 1 min 26 s
Channel: James Kiss
Description: ey beta0 beta1 x haty 2700 20x s 65 2 tailed p value 064 for testing beta1 24049

          $E(y) = \beta_0 + \beta_1 x$.
$\hat{y} = 2,700 + 20x$, $s = 65$, 2-tailed $p-value = .064$ (for testing $\beta_1$)

Added by Brandi M.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert James Kiss

03/26/2025

Step 1

The given p-value is 0.064, which is for a two-tailed test. Since we are testing whether $\beta_1$ exceeds 0, we need to consider a one-tailed test. However, since the given p-value is for a two-tailed test, we can directly compare it to the significance level Show more…

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