A manager at a local bank analyzed the relationship between monthly salary (y,in $)and length of service (x,measured in months)for 30 employees.She estimates the following model: Salary = β₀ + β₁ Service + ε.The following table summarizes a portion of the regression results. Which of the following hypotheses will determine whether the intercept differs from zero? A) H₀:β₀ = 0;H_A:β₀ ≠ 0 B) H₀:β₁ = 0;H_A:β₁ ≠ 0 C) H₀:b₀ = 0;H_A:b₀ ≠ 0 D) H₀:b₁ = 0;H_A:b₁ ≠ 0

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The Answer of A manager at a local bank analyzed the relationship between monthly salary (y,in $)and length of service (x,measured in months)for 30 employees.She estimates the following model: Salary = β₀ + β₁ Service + ε.The following table summarizes a portion of the regression results. Which of the following hypotheses will determine whether the intercept differs from zero? A) H₀:β₀ = 0;H_A:β₀ ≠ 0 B) H₀:β₁ = 0;H_A:β₁ ≠ 0 C) H₀:b₀ = 0;H_A:b₀ ≠ 0 D) H₀:b₁ = 0;H_A:b₁ ≠ 0

A Manager at a Local Bank Analyzed the Relationship Between