Question
For a sample of 30 Australian cities, a sociologist studies the crime rate in each city (crime per 100,000 residents) as a function of its
For a sample of 30 Australian cities, a sociologist studies the crime rate in each city (crime per 100,000 residents) as a function of its poverty rate (in %) and its average income (in $1,000). A portion of the regression results shows that the coefficients for poverty and average income are 54.22 and 5.10, respectively. Based on this information, what is the value of test statistic used to test the null hypothesis that X2 has no significant effect on Y at the 5% level of significance, if the standard error of the slope of Y with variable X2 equals 8.25. Round your final answer to two decimal places. Note: Y = crime rate in each city (crime per 100,000 residents); X1 = poverty rate (in %); and X2 = average income (in $1,000).
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