Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per week for his preparations and (Y) as the weekly...

Extracted text: Tristan has completed his STAT 1342 course. He intends to build a simple linear regression model using control variable (X) as number of hours per week for his preparations and (Y) as the weekly performance measured in a 100-point scale and based on his self-assessment. There were totally n = 28 weekly collected records. The model built by Tristan was: Ý = 10 + 7· X with the standard error of estimated slope equal to SE = SE [6] = 2.8 1. At the significance level, a = 0.01, is there sufficient evidence that X positively impacts Y? • Evaluate Test Statistic • Specify critical value (or values) for this procedure • State the Rejection Rule • Formulate your decision 2. Estimate the population slope (= B) with confidence level, C = 0.95 • Specify critical value (or values) for this procedure • Evaluate UCL and LCL Solution 10