SEE ANSWER

Question : In a simple linear regression based on


In a simple linear regression based on 30 observations, it is found that b1 = 7.2 and se(b1) = 1.8. Consider the hypotheses:




In a simple linear regression based on 30 observations, it is -1


a. Calculate the value of the test statistic and the p-value.
b. At the 5% significance level, what is the conclusion to the test?