For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions) and total tourism revenue (in billions of dollars) for a sample of 10 countries. Below is the partial regression analysis output with tourist revenue as the dependent variable. What is the calculated t-statistic to test weather the regression slope is significant? Round to two decimal places.

Regression Analysis: Tourism ($ bill) versus Visitors (mill)

The regression equation is

Tourism ($ bill) = 21.5 + 0.295 Visitors (mill)

Predictor Coef SE Coef T P

Constant 21.464 3.462

Visitors (mill) 0.29497 0.07917

S = 2.58307 R-Sq = 63.4%

Answer rating: 100% (QA)

t stat for slo... View the full answer