Suppose a regression output produces the following 99% confidence interval for one regression coefficients: [-32.47,-16.88]
Given this information, should an analyst reject the null hypothesis that this population regression coefficient is equal to 0? Explain your answer.
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Answer
Here we reject the null hypothesis that population regression coefficient is zero. ...
Solution Summary
Step by step method for regression analysis is discussed here. Regression coefficients, coefficient of determination, scatter diagram and significance of regression model are explained in the solution.
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