Use the following information from a multiple regression analysis: n = 20 b1 = 4 b2 =

Question:

Use the following information from a multiple regression analysis:
n = 20 b1 = 4 b2 = 3 Sb1 = 1.2 Sb2 = 0.8
a. Which variable has the largest slope, in units of a t statistic?
b. Construct a 95% confidence interval estimate of the population slope, β1.
c. At the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the independent variables to include in this model.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

Question Posted: