You are trying to determine the statistical significance of an equation. Given the following

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You are trying to determine the statistical significance of an equation. Given the following information, test the slope of the equation at the 90% level of confidence. Select the correct answer A or B out of each pair of choices.

Cost = 153.58 + 1.58 (Power)
n=7
Sb1 = 1.894 

A The tp is 2.015
B The tp is 1.476 

A The tc is 0.834
B The tc is 81.088 

A We would reject the null hypothesis 
B We would fail to reject the null hypothesis

A We would consider using the equation 
B We would not use the equation 

  • 11 years ago
You are trying to determine the statistical significance of an equation. Given the following
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