In a multiple regression equation two independent variables are considered, and the sample size is 24....
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In a multiple regression equation two independent variables are considered, and the sample size is 24. The regression coefficients and the standard errors are as follows: b2₂ = 2.578 b₂ = -0.550 Sbi Sb₂ = 0.35 = 0.84 Conduct a test of hypothesis to determine whether either independent variable has a coefficient equal to zero. Would you consider deleting either variable from the regression equation? Use the 0.05 significance level. (Round the final answers to 3 decimal places. Negative answer should be indicated by a minus sign.) Ho: B1 = 0 Ho: B2 = 0 H₁: B1 #0 H₁: B2 #0 Ho is rejected if t < -2.080 or t> 2.080. t₁ = (Click to select) ¹2 variable can be deleted. In a multiple regression equation two independent variables are considered, and the sample size is 24. The regression coefficients and the standard errors are as follows: b2₂ = 2.578 b₂ = -0.550 Sbi Sb₂ = 0.35 = 0.84 Conduct a test of hypothesis to determine whether either independent variable has a coefficient equal to zero. Would you consider deleting either variable from the regression equation? Use the 0.05 significance level. (Round the final answers to 3 decimal places. Negative answer should be indicated by a minus sign.) Ho: B1 = 0 Ho: B2 = 0 H₁: B1 #0 H₁: B2 #0 Ho is rejected if t < -2.080 or t> 2.080. t₁ = (Click to select) ¹2 variable can be deleted.
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Answer given regression Standard from the givery data t Hence Sb 035 ... View the full answer
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
Posted Date:
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