Consider the following data for a dependent variable y and two independent variables, x1 and x2. x1 x2 y 30 12 95 47 10 108 25 17 112 51 16 178 40 5 94 51 19 175 74 7 170 36 12 117 59 13 142 76 16 212 The...

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Basic Math

Consider the following data for a dependent variable yand two independent variables, x1 and x2.

x1x2y
301295
4710108
2517112
5116178
40594
5119175
747170
3612117
5913142
7616212

The estimated regression equation for these data is

ŷ = −18.52 + 2.01x1 +4.75x2.

Here, SST = 15,234.1, SSR = 14,109.8,sb1 =0.2464, andsb2 =0.9457.

(a)Test for a significant relationship amongx1, x2,and y. Use α = 0.05.

State the null and alternative hypotheses.

H0: β1 =β2 = 0
Ha: One or more of the parameters is not equalto zero.H0: β1 <β2
Ha: β1 ≥β2    H0:β1 ≠ 0 and β2 = 0
Ha: β1 = 0 andβ2 ≠ 0H0:β1 > β2
Ha: β1 ≤β2H0:β1 ≠ 0 and β2 ≠ 0
Ha: One or more of the parameters is equal tozero.

Find the value of the test statistic. (Round your answer to twodecimal places.)

=

Find the p-value. (Round your answer to three decimalplaces.)

p-value =

State your conclusion.

Reject H0. There is sufficient evidence toconclude that there is a significant relationship among thevariables.Reject H0. There is insufficientevidence to conclude that there is a significant relationship amongthe variables.    Do not rejectH0. There is insufficient evidence to concludethat there is a significant relationship among the variables.Do notreject H0. There is sufficient evidence toconclude that there is a significant relationship among thevariables.

(b)Is β1 significant? Use α =0.05.

State the null and alternative hypotheses.

H0: β1 = 0
Ha: β1 ≠0H0: β1 < 0
Ha: β1 ≥0    H0:β1 = 0
Ha: β1 >0H0: β1 > 0
Ha: β1 ≤0H0: β1 ≠ 0
Ha: β1 = 0

Find the value of the test statistic. (Round your answer to twodecimal places.)

=

Find the p-value. (Round your answer to three decimalplaces.)

p-value =

State your conclusion.

Reject H0. There is sufficient evidence toconclude that β1 is significant.RejectH0. There is insufficient evidence to concludethat β1 issignificant.    Do not rejectH0. There is insufficient evidence to concludethat β1 is significant.Do not rejectH0. There is sufficient evidence to concludethat β1 is significant.

(c)Is β2 significant? Use α =0.05.

State the null and alternative hypotheses.

H0: β2 ≠ 0
Ha: β2 =0H0: β2 > 0
Ha: β2 ≤0    H0:β2 = 0
Ha: β2 ≠0H0: β2 = 0
Ha: β2 >0H0: β2 < 0
Ha: β2 ≥ 0

Find the value of the test statistic. (Round your answer to twodecimal places.)

=

Find the p-value. (Round your answer to three decimalplaces.)

p-value =

State your conclusion.

Reject H0. There is insufficient evidence toconclude that β2 is significant.

Reject H0. There is sufficient evidence toconclude that β2 issignificant.    

Do not reject H0. There is insufficientevidence to conclude that β2 issignificant.

Do not reject H0. There is sufficientevidence to conclude that β2 issignificant.

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