Consider the data from Exercise 11-7 on y = steam usage

Chapter 11, Problem 33E

(choose chapter or problem)

Consider the data from Exercise 11-7 on y= steam usage and x= average temperature.

Test for significance of regression using \(\alpha=0.01\). What is the P-value for this test? State the conclusions that result from this test.Estimate the standard errors of the slope and intercept.Test the hypothesis \(H_0\ :\ \beta_1=10\) versus \(H_1\ :\ \beta_1\ne10\) using \(\alpha=0.01\). Find the P-value for this test.Test \(H_0\ :\ \beta_0=0\) versus \(H_0\ :\ \beta_0\ne0\) using \(\alpha=0.01\). Find the P-value for this test and draw conclusions.

Equation Transcription:

Text Transcription:

alpha=0.01

H_0:beta_1=10

H_1:beta_1 not=10

alpha=0.01

H_0:beta_0=beta_0

H_0:beta_0 not=beta_0

alpha=0.01

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