You estimate a simple linear regression model using a sample of 25 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 19.74 *x
(3) 86) (3.42)
You want to test the following hypothesis: H₀: $\beta$ ₂ = 1,H₁: $\beta$ ₂>12.If you choose to reject the null hypothesis based on these results,what is the probability you have committed a Type I error?

Question

You estimate a simple linear regression model using a sample of 25 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 19.74 *x
(3) 86) (3.42)
You want to test the following hypothesis: H₀:

\beta

₂ = 1,H₁:

\beta

₂>12.If you choose to reject the null hypothesis based on these results,what is the probability you have committed a Type I error?

Quizplus · Accepted Answer

The Answer of You estimate a simple linear regression model using a sample of 25 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates): y = 97.25 + 19.74 *x (3)86)(3.42) You want to test the following hypothesis: H₀: $\beta$₂ = 1,H₁: $\beta$₂>12.If you choose to reject the null hypothesis based on these results,what is the probability you have committed a Type I error? A)between .01 and .02 B)between .02 and .05 C)less than .005 D)It is impossible to determine without knowing the true value of $\beta$₂

You Estimate a Simple Linear Regression Model Using a Sample β\betaβ

You Estimate a Simple Linear Regression Model Using a Sample $\beta$