13.6 Exercise 4

True or False? If False, correct it: Suppose you are performing a simple linear regression of Y on X and you test the hypothesis that the slope β is zero against a two-sided alternative. You have $n = 25$ observations and your computed test (t) statistic is 2.6. Then your P-value is given by .01 < P < .02, which gives borderline significance (i.e. you would reject $H_{0}$ at $\alpha = .02$ but fail to reject $H_{0}$ at $\alpha = .01$).