1. Report the estimated regression equation. 2. Conduct the F-test for model significance. Interpret

1. Report the estimated regression equation.

2. Conduct the F-test for model significance. Interpret your results.

3. Interpret the slope coefficient and test for significance using a t test.

a.    Use a t test to determine if the slope coefficient is significantly different

      (two-tail test) than the value 1.0 that is, test H0: b = 1 against H1: b ¹ 1.

b.    Of what importance is it to the company to know if this slope coefficient differs

       significantly from 1.0?

Be sure to include a copy of your Excel printout.

OUTPUT Multiple R R Square Standard Error Regression Statistics 0.488158492 0.238298714. 0.225165933 16.94057668 Observations 60 Significance F MS 1 5207.4053 207.405323 18.1453355 1.600 24H-5 58 286.9831381 Residual 16615.02201 21852.42733 p-value Upper 95% Lower 93.0% Upper 95.0% Coefficients Standard Error t Stat Lower 95% Intercept -0.380225176 22.72587814 -0.016730934 0.98670869 -15.8710 1339 45.11056304 -15.87101339 45.1 105630A X Variable 1 0.99708306 2.764898662

 

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