The following 10 observations of variables x and y were collected.
a. Calculate the standard error of estimate.
b. Test to determine if there is enough evidence at the 5% significance level to indicate that x and y are negatively linearly related.
c. Calculate the coefficient of correlation, and describe what this statistic tells you about the regression line.
Correct Answer:
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b. H 0: b 1 = 0 vs. H 0: b ...
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