Refer to the data in the following table. To find out if people who own PCs also
Question:
CellPhonei= β1+ β2PCsi+ ui
a. Estimate the parameters of this regression.
b. Is the estimated slope coefficient statistically significant?
c. Does it matter if you run the following regression?
PCsi = α1 + α2Cellphonei + ui
d. Estimate the preceding regression and test the statistical significance of the estimated slope coefficient.
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a Linear regression results are Cellphone i 292342 09492 PCs i t 4851 4782 r 2 04168 b Yes it i...View the full answer
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