The mean of X is 10 and mean of Y is 16.6 based on 5 observations 9 (i.e. n=5).
ID: 3394270 • Letter: T
Question
The mean of X is 10 and mean of Y is 16.6 based on 5 observations 9 (i.e. n=5). The variance of X is 190 and the covariance between X and Y is 171. Further you know that SSE is 127.3 and SST is 281.2
Calculate b1 [3]
Calculate b0 [3]
Write out the regression equation [2]
Interpret b0 [2]
Interpret b1 [2]
Calculate R2 [4]
Interpret the R2 [2]
Calculate rxy [2]
Calculate the MSE [2]
Calculate sb1 [4]
Compute the test statistic to test the following hypothesis: [2]
Ho: b1=0
Ha: b10
Compute the p value [3]
If =0.05, do you reject or accept Ho [1]. Explain why [1]
Explanation / Answer
The mean of X is 10 and mean of Y is 16.6 based on 5 observations 9 (i.e. n=5).
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