Observations are taken on net revenue from sales of a certain LCD TV at 50 retail outlets.
Question:
(a) Calculate the t statistic for each coefficient to test for β = 0.
(b) Look up the critical value of Student's t in Appendix D for a two-tailed test at α = .01. Which coefficients differ significantly from zero? LCDTV
(c) Use Excel to find the p-value for each coefficient.
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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