A manager at a local bank analyzed the relationship between monthly salary (y, in $) and length of service (x, measured in months) for 30 employees. She estimates the following model: Salary = β₀ + β₁Service + ε. The following table summarizes a portion of the regression results. Which of the following hypotheses will determine whether the intercept differs from zero? A) H₀: β₀ = 0; H_A: β₀ ≠ 0 B) H₀: β₁ = 0; H_A: β₁ ≠ 0 C) H₀: b₀ = 0; H_A: b₀ ≠ 0 D) H₀: b₁ = 0; H_A: b₁ ≠ 0

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The Answer of A manager at a local bank analyzed the relationship between monthly salary (y, in $) and length of service (x, measured in months) for 30 employees. She estimates the following model: Salary = β₀ + β₁Service + ε. The following table summarizes a portion of the regression results. Which of the following hypotheses will determine whether the intercept differs from zero? A) H₀: β₀ = 0; H_A: β₀ ≠ 0 B) H₀: β₁ = 0; H_A: β₁ ≠ 0 C) H₀: b₀ = 0; H_A: b₀ ≠ 0 D) H₀: b₁ = 0; H_A: b₁ ≠ 0

A Manager at a Local Bank Analyzed the Relationship Between