In a multiple regression equation, two independent variables are considered, and the sample size is 25. The

Question:

In a multiple regression equation, two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows.

b1 = 2.676 sb1 = 0.56

b2 = 20.880 sb2 = 0.71

Conduct a test of hypothesis to determine whether either independent variable has a coefficient equal to zero. Would you consider deleting either variable from the regression equation? Use the .05 significance level.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

Question Posted: