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Consider the following regression output. What can we say about the estimate for the coefficient for the independent variable? ` SUMMARY OUTPUT Regression Statistics Multiple

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Consider the following regression output. What can we say about the estimate for the coefficient for the independent variable?

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SUMMARY OUTPUT Regression Statistics Multiple R 0.694715839 R Square 0.482630097 Adjusted R Square 0.453887324 Standard Error 3.604745572 Observations 20 ANOVA df SS MS F Significance F Regression 1 218.1900685 218.1900685 16.79135504 0.000675631 Residual 18 233.8954315 12.99419064 Total 19 452.0855 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -0.77478331 1.935305711 0.400341561 0.693616487 -4.840709734 3.291143114 -4.84070973 3.291143114 X Variable 1 0.04476736 0.010924929 4.097725594 0.000675631 0.021814936 0.067719783 0.021814936 0.067719783

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