Suppose that each value of xi is multiplied by a positive

Chapter 11, Problem 42E

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Problem 42E

Suppose that each value of xi is multiplied by a positive constant a, and each value of yi is multiplied by another positive constant b. Show that the t-statistic for testing H0: β1 = 0 versus H1: β1 ≠ 0 is unchanged in value.

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