You estimate a simple linear regression model using a sample of 62 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 33.74* x
(3) 86) (9.42)
You want to test the following hypothesis: H₀: $\beta$ ₂ = 12,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 II error?

Question

You estimate a simple linear regression model using a sample of 62 observations and obtain the following results (estimated standard errors in parentheses below coefficient estimates) : y = 97.25 + 33.74* x
(3) 86) (9.42)
You want to test the following hypothesis: H₀:

\beta

₂ = 12,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 II error?

Quizplus · Accepted Answer

The Answer is D

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

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