Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 13, Problem 24E
To determine

Check whether the slope of the regression line is less than zero at the level of significance α=0.05.

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Find the correlation coefficient given the estimated regression equation = 25+6x and ² = .8754.
The coefficient of determination of a set of data points is 0.784 and the slope of the regression line is -4.79. Determine the linear correlation coefficient of the data. What is the linear correlation coefficient? r= (Round to three decimal places as needed.)
The coefficient of determination of a set of data points is 0.709 and the slope of the regression line is −3.58. Determine the linear correlation coefficient of the data.

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Statistical Techniques in Business and Economics

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