Hi,I need to understand how to solve the T-stat. Please share your explaining the solution so that I may understnad in the future.Thank you A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-yeartuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The data are stored in the accompanying table.The least-squares regression equation for these data is Y; = - 10,716.747 + 2.364X; and the standard error of the estimate is Syx = 15,839.846. Assume that thestraight-line model is appropriate and there are no serious violations the assumptions of the least-squares regression model. Complete parts (a) and (b) below.E Click the icon to view the data on program per-year tuition and mean starting salary.a. At the 0.05 level of significance, is there evidence of a linear relationship between the starting salary upon graduation and program per-year tuition?Determine the hypotheses for the test.Ho: B1= 0H1: B1(Type integers or decimals. Do not round.)Compute the test statistic.The test statistic is tsTAT =(Round to two decimal places as needed.)

Name: Hi,I need to understand how to solve the T-stat. Please share your exp
Uploaded: 2024-03-20T07:06:41.000Z
Channel: Bartleby
Description: Hi,I need to understand how to solve the T-stat. Please share your explaining the solution so that I may understnad in the future.Thank you A prospective MBA student would like to examine the factors that impact starting salary upon graduation and de