Which one of the following statements is true using α = 0.05?
A) Because the 95% confidence interval for the population slope does not include zero, we can reject the null hypothesis and conclude that there is a relationship between the weekly rental and square footage of beach property.
B) Because the 95% confidence interval for the population slope does not include zero, we fail to reject the null hypothesis and conclude that there is no relationship between the weekly rental and square footage of beach property.
C) Because the 95% confidence interval for the population slope includes zero, we can reject the null hypothesis and conclude that there is a relationship between the weekly rental and square footage of beach property.
D) Because the 95% confidence interval for the population slope includes zero, we fail to reject the null hypothesis and conclude that there is no relationship between the weekly rental and square footage of beach property.
Correct Answer:
Verified
Q12: The size of the sample is _.
A)24
B)23
C)22
D)21
Q13: The measures the variation in the dependent
Q14: The formula for the equation describing a
Q15: The technique of _ enables us to
Q16: According to these regression results, the average
Q18: Which one of the following statements is
Q19: An assumption of regression analysis is homoscedasticity,
Q20: The percentage of the variation in selling
Q21: The correlation coefficient measures the percentage of
Q22: The size of the sample is _.
A)8
B)6
C)5
D)7
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