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You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b). what statistical decision should you make? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ =0

You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b). what statistical decision should you make? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ =0

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b). what statistical decision should you make? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ =0
Transcribed Image Text:You are testing the null hypothesis that there is no relationship between two variables, X and Y. From your sample of n = 20, you determine that SSR 80 and SSE 20. Complete parts (a) through (e) below. a. What is the value of FSTAT? State the hypotheses to test. Choose the correct answer below. OA H₂ B₁50 H₁ B₁>0 OC. H₂ B₁ = 0 H₁ B₁₁ =0 FSTAT 72 (Round to the nearest integer as needed.) b. At the a=0.05 level of significance, what is the critical value? The critical value is 4.41 (Round to two decimal places as needed.) c. Based on your answers to (a) and (b). what statistical decision should you make? OA. Reject Ho- There is no evidence that there is a relationship between X and Y. OB. Do not reject Ho. There is no evidence that there is a relationship between X and Y. OC. Do not reject Ho. There is evidence that there is a relationship between X and Y. D. Reject Ho. There is evidence that there is a relationship between X and Y. d. Compute the correlation coefficient by first computing ? and assuming that b, is negative. 2 (Round to four decimal places as needed.) OB. Ho B₁20 H₁: B₁<0 D. Ho: B₁ =0 H₁: B₁ =0
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