Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following is a partial output of a regression model generated by Excel. Coefficients Standard Error t Stat P-value Intercept 2.88 5.12 0.56 0.579 Variable

The following is a partial output of a regression model generated by Excel.

Coefficients

Standard Error

t Stat

P-value

Intercept

2.88

5.12

0.56

0.579

Variable 1

-0.5234

1.0635

0.35

0.314

Using an alpha of 0.05, is the coefficient of Variable 1 significant?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals, Multivariable

Authors: Michael Sullivan, Kathleen Miranda

2nd Edition

ISBN: 131924288X, 9781319242886

More Books

Students also viewed these Mathematics questions

Question

What is the most important emerging issue in the design of work?

Answered: 1 week ago