Suppose we have sample data on (y,x) of size n. Consider regressing y on x and a constant using the least square method (OLS estimation). The estimated equation is y = 2.37 5.41 x e where e is the residual. The standard errors for the constant and the coefficient were 0.79 and 1.29 respectively. To test the null hypothesis of zero coefficient (for x) at a given significance level, we may use t-statistic. Compute the t-statistic for the coefficient. Make sure the answer is round up to the nearest hundredth. e.g. 3.015 --> 3.02