In a simple linear regression based on 20 observations, it is found b1 = 3.05 and se(b1) = 1.30. Consider the hypothesis : H0 : β1 = 0 and HA : β1 ≠ 0 . Calculate the value of the test statistic.

Essentials of Business Analytics (MindTap Course List)
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Chapter15: Decision Analysis
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Problem 16P: Suppose that you are given a decision situation with three possible states of nature: s1, s2, and...
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In a simple linear regression based on 20 observations, it is found b= 3.05 and se(b1) = 1.30. Consider the hypothesis : H0 : β= 0 and H: β≠ 0 . Calculate the value of the test statistic.

 

 
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