Fill in the value of t Stat for the interest rate coefficient (h) and the value of t Stat for the gas price coefficient (i). Use these values to test the statistical significance of the individual coefficients at the 5% significance level. For the p value version of the test, use a statistical calculator or a statistical software package like Excel’s to find p values (j) and (k).
The table below shows some of the results of a multiple linear regression analysis intended to link the consumer confidence index to two independent variables: prevailing mortgage interest rate (x1) and the most recent one month change in the price of gasoline (x2).

  • CreatedJuly 16, 2015
  • Files Included
Post your question