In order to determine whether the coefficient in a simple linear regression model is significant or not, which null hypothesis do we propose?β0=0β0≠0β1=0β1≠0

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In order to determine whether the coefficient in a simple linear regression model is significant or not, which null hypothesis do we propose?β0=0β0≠0β1=0β1≠0
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Solution 1

In a simple linear regression model, we are often interested in testing whether there is a significant relationship between the independent and dependent variables. This is done by testing the null hypothesis that the slope coefficient (β1) is equal to zero.

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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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