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Using the output below: SUMMARY OUTPUT Regression Statistics 0.9509 0.9043 Multiple R R Square Adjusted R Square Standard Error 0.8769 0.5717 Observations 10 P.Value Standard
Using the output below: SUMMARY OUTPUT Regression Statistics 0.9509 0.9043 Multiple R R Square Adjusted R Square Standard Error 0.8769 0.5717 Observations 10 P.Value Standard Error Coefficients 0.0106 0.0541 Intercept X1 0.9904 0.8522 0.0087 0.000444 X2 0.7763 0.2256 0.010829 Is the independent variable, X2, significant at the 5% level of significance? o Yes, because the p-value of X2 is 0.05
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