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Rains asks his students to test the null hypothesis that states for every new well drilled, profits will be increased by the given multiple of the coefficient, all other factors remaining constant. The appropriate hypotheses for this two-tailed test can best be stated as: A. H0: b1 = 0.98 versus Ha: b1 ≠ 0.98. B. H0: b1 ≤ 0.98 versus Ha: b1 > 0.98. C. H0: b1 = 0.35 versus Ha: b1 ≠ 0.35. |