A simple linear regression is performed on 20 data pairs

Chapter 12, Problem 12.3.9

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A simple linear regression is performed on 20 data pairs (xi, yi). It is found that 1 =54.87 and s.e. ( 1) =21.20. Is the p-value for the two-sided hypothesis test of H0 : 1 =0 (a) greater than 10%, (b) between 1% and 10%, or (c) less than 1%?

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