In a linear regression problem the following sums were computed from a random sample of size 10
∑X=320,∑Y=250,∑XY=9415,∑X^2=12400,∑Y^2=7230,n=10
Calculate the linear regression of Y on X
Calculate the correlation between X and Y
Using 5 percent level of significance, test the hypothesis that the population regression coefficient β is greater than 0.5.
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