SCENARIO 13-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:

-Referring to Scenario 13-11,which of the following is the correct alternative hypothesis for testing whether there is a linear relationship between revenue and the number of downloads?
A)H 1 :b 1 =0
B)H 1 :b $\neq$0
C)H 1 :$\beta$ =0
D)H 1 :$\beta$ $\neq$0

Question

SCENARIO 13-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:

-Referring to Scenario 13-11,which of the following is the correct alternative hypothesis for testing whether there is a linear relationship between revenue and the number of downloads?
A)H 1 :b 1 =0 
B)H 1 :b $\neq$0 
C)H 1 :$\beta$ =0 
D)H 1 :$\beta$ $\neq$0

Quizplus · Accepted Answer

The correct alternative hypothesis is that the slope of the line is not equal to zero, which is represented by H1: β ≠ 0.

SCENARIO 13-12 the Manager of the Purchasing Department of a Large

SCENARIO 13-12
the Manager of the Purchasing Department of a Large