Use the following to answer the questions below:
Computer output from a regression analysis is provided.

-Use the p-value for testing if the slope in the population is different from zero (and a 5% significance level) to make a clear conclusion about the effectiveness of the model.
A) p-value = 0.00765 There is very strong evidence that the population slope differs from zero, and thus is an effective model for predicting this response variable.
B) p-value = 0.00765 There is not enough evidence that the population slope differs from zero, and thus is not an effective model for predicting this response variable.

Question

Use the following to answer the questions below:
Computer output from a regression analysis is provided.
 
-Use the p-value for testing if the slope in the population is different from zero (and a 5% significance level) to make a clear conclusion about the effectiveness of the model.
A) p-value = 0.00765 There is very strong evidence that the population slope differs from zero, and thus is an effective model for predicting this response variable. 
B) p-value = 0.00765 There is not enough evidence that the population slope differs from zero, and thus is not an effective model for predicting this response variable.

Quizplus · Accepted Answer

The p-value of 0.00765 is less than the 5% significance level, indicating strong evidence that the population slope differs from zero, suggesting the model is effective.

Use the Following to Answer the Questions Below