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Assuming the residuals are normally? distributed

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Reference no: EM132096090

For the data set shown? below, how do I Use technology to find the estimates of β0 and β1, and then compute the standard error, the point estimate for σ. Assuming the residuals are normally? distributed, how would I determine s Subscript b 1 Baseline? If I'm assuming the residuals are normally? distributed, how do I test H0: β1=0 versus H1: β1≠0 at the aα=0.05 level of significance to determine the P-value for the hypothesis test?

x   20   30   40   50   60  

y   98   97   93   81   72

Reference no: EM132096090

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