Regression with one Regressor The following equation is the sample regression line and...

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  1. 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)

  1. Interpret the meaning of 0and 1.

  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?

  1. Construct a 90% confidence interval for 1.

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